Sebon approved 100% right share of Swadeshi Laghubitta Bittiya Sanstha limited. The company got approval to issue 100% right shares to its shareholders.
The company will issue 100% or 1,150,000 units of share worth Rs.11.50 crore at the par value of Rs. 100.
NIC Aisa Capital has been appointed as issue manager of right shares.
Currently, its paid up capital is Rs.11.50 crore. After issuance of 100% right shares, paid up capital will reach to Rs.23 crore.
It had posted net profit of Rs.3.77 crore in the Q4 of FY 2074/75.
