Mahuli Laghubitta Sanstha 4,75,449.15 Units FPO Shares Issue to General Public From Today

Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) is opening the issue of its4,75,449.15 unit FPO shares from today, 5th Poush, 2081. The early closing date of this issue is the 9th Poush, and if the issue is not fully subscribed, it can be extended up to the 19th Poush, 2081.

As per the Banks and Financial Institutions Act, 2073, and NRB regulations, at least 30% of the issued capital must be held by public shareholders. To meet this requirement, the company plans to issue 475,449.15 units of FPO shares to the general public. This initiative aims to increase the current public shareholding from 19.68% to the mandated 30% of the total issued capital.

LS Capital Limited has been appointed as the issue manager for the FPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 1000 units.

ICRA Nepal has reaffirmed the BB-@ issuer rating for Mahuli Laghubitta, keeping it under Watch with Negative Implications. This rating indicates a moderate risk of default on financial obligations. The + or - signs show the company's relative position within its rating category. The rating reflects the company’s general creditworthiness, not specific to any debt instrument.

Opening Notice: