Global IME Laghubitta closing 1:1 right share from today

September 9, 2019 | Investopaper

Global IME Laghubitta Right Issue

Global IME Laghubitta is closing its 1:1 right share issue to its shareholders from today (Bhadra 23, 2076). The issue was open from Shrawan 21, 2076. The company is issuing 11,04,575 units right share at par value of Rs. 100.

Book Closure Date

The company closed the shareholders’ registration book on Shrawan 01, 2076. Thus, the investors purchasing shares until Ashad 31 are eligible for the right share.

Sebon Approval

Securities Board of Nepal (SEBON) approved 1:1 right issue on Ashad 24, 2076. The company had submitted the application to Sebon for right issue on Baisakh 19, 2076. The right issue is worth Rs. 11.05 crores.

Issue Manager

Laxmi Capital Markets Limited is the issue manager for the right.

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