Central Finance allots right shares to the shareholders; 41.8% shares remain unsold which will be auctioned in the near future
Fri, Mar 30, 2018 11:49 AM on Latest, Dividend, Bonus & Rights, Featured, Share Allotment, Stock Market,
Central Finance Limited has published a notice regarding the allotment of the right shares to its shareholders. The finance company had issued 26,03,314.075 unit 50% right shares for its shareholders.
The right shares were priced at Rs 100 per share and the issue was open from Poush 23, 2074 to Falgun 13, 2074.
The allotment was made of 15,15,136 unit shares to 9,195 shareholders. NIBL Ace Capital had been appointed as the issue manager for the right share issue.
From the issue, 10,88,178.075 unit shares went unsold which is 41.8% of the total issue. Now the finance company will be auctioning the unsold shares in the near future.
Notice
