Kisan Microfinance appoints Civil Capital as issue manager to issue 50% right shares; paid up capital to reach Rs 7.20 crore

Kisan Microfinance Bittiya Sanstha Limited (KMFL) has appointed issue manager to float right shares. KMFL has appointed Civil Capital Market Limited as the issue manager for the upcoming 50% right shares to its shareholders. KMFL will be issuing 2,40,250 unit shares at Rs 100 per unit of worth Rs 2.40 crore. Its current paid up capital stands at Rs 4.80 crore which will hike to Rs 7.20 crore after adjustment of 50% right shares. It had earned net profit of Rs 19.64 lakh till the end of second quarter of the FY 2074/75.