Progressive Finance extends deadline to apply for 281% right share. The right issue was open from 05 Bhadra 2075 to its shareholders. Now, the right issue will be opened till 23 Ashoj 2075.
The book was set for 23 Shrawan 2075. Those shareholders who buy share within 22 Shrawan or one day ahead of book close will be eligible for right shares.
The finance company will be 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.
Eligible shareholders can apply from Sunrise Capital & all the C-ASBA approved banks & financial institutions or through mero 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.
Last trading price as on 7 Ashoj 2075 is Rs.101.
