Mero Microfinance to issue 100% right shares; Paid-up capital to increase to Rs 65.78 crore
Tue, Sep 25, 2018 11:08 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Mero Microfinance Bittiya Sanstha Limited (MERO) is all set to issue 100% right shares for its shareholders.
The microfinance company will be issuing right shares in the ratio 1:1 on the adjusted paid-up capital after distribution of 15% bonus shares i.e Rs 32.89 crore.
After the issuance of right shares, the paid-up capital of the microfinance company will reach Rs 65.78 crore.
The company has recently announced 26.32% dividend for the FY 2074/75 which included 11.32% cash dividend and 15% bonus shares.
