RSDC Laghubitta’s 60% & siddhartha insurance’s 35% right share to issue from 17 Ashad

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RSDC Laghubitta Bittitya sanstha will be issuing 60% or 5:3 right shares from 17 Ashad 2075 to existing shareholders.

It will be issuing 2,159,700 units of right shares for its shareholders.

The book closure date for right share was set for 22 Jestha. Those shareholders who buy share within 21 Jestha or 1 day ahead of book close will be eligible for right shares.

NIBL ACE Capital ltd is appointed as issue manager of right shares.

Eligible shareholders can apply from all the C-ASBA approved Banks & financial institutions.

Its paid up capital will reach to Rs.57.59 crore after 60% right share adjustment.

Siddhartha Insurance will be issuing its 35% right share from 17 Ashad to its shareholders. The offer will be close on 20 Shrawan 2075.

The book closure date for right share was set for 01 Jestha. Those shareholders who purchase or get registered in book within 31 Baishak 2075 or a head of book close will be eligible for right share.

The company will be issuing 35% or 22,44,973.50 unit of shares at face value of Rs.100 to shareholders.

NMB Capital limited will manage the issue.

Interested shareholders can apply from all the C-ASBA approved bank & financial institutions.

Currently its paid up capital is Rs.64.14 crore.  After right adjustment, paid up capital will reach to Rs.86.59 crore. To meet the directives of Beema samiti, it must hike its capital by around 13.50 crore.