Womi Laghubitta allots 100% right shares to valid applicants; unsold units to be auctioned soon
Sun, Sep 8, 2019 1:09 PM on Auction, Dividend, Bonus & Rights, Latest,
Womi Laghubitta Bittiya Sanstha Limited (WOMI) was issuing 1,010,880 units as 100% right shares for the existing shareholders of the company. The issue was open from Shrawan 9, 2076 to Bhadra 11, 2076. The allotment process of these shares took place on Bhadra 20, 2076.
As per the notice published, a total of 887,667 units of shares have been allotted to the valid applicants of the issue. All valid applicants have received full allotment. The remaining 123,213 units of unsold right shares will be auctioned by the company soon.
After the adjustment of 100% right share, the paid up capital of the company will increase to Rs.20.21 Crore. The microfinance company has finalized merger process with Nagarik Laghubitta at swap ratio of 100:72 i.e. 100 units of Nagarik Laghubitta will be equal to 72 units of Womi Laghubitta.