Today, last day to apply for 281% right shares of Progressive Finance, 23 Ashoj 2075. The right issue was open from 05 Bhadra 2075 to its shareholders.
The right share is being issued for those shareholder who hold share within 22 Shrawan or one day ahead of book close,
The finance company is issuing 1:2.81 or 59.01 lakh units of right shares at the face value of Rs.100.
Sunrise Capital Limited has been appointed as issue manger for right share.
Currently its paid up capital is Rs.21 crore. After adjustment of 281% right share, paid up capital will reach to Rs.80.01 crore.
