Offer Letter Published for "Liberty Energy Company Limited"; Right Shares Issue Opens from Mangsir 16
Fri, Nov 22, 2024 10:41 AM on Latest, Dividend, Bonus & Rights,
Liberty Energy Company Limited (LEC) has published an offer letter for the issuance of its 50% rights shares.
According to the offer letter made public by the company, it is set to open applications for its right shares in the ratio of 1:0.50 or 50% from 16th Mangsir to 7th Poush, 2081.
The company will be issuing 50% right shares worth Rs. 75 Crores through the issue of 75,00,000 (1: 0.50) units of right shares to its existing shareholders. The current paid-up capital of Rs. 1.50 Arba. After the adjustment of the proposed right share i.e. 75 lakh units, the paid-up capital of the company will increase to Rs. 2.25 Arba.
Prabhu Capital Limited is appointed as the issue manager.
21st Kartik was the book closure date. Thus, investors maintained before that day are eligible to apply for the shares.