NMB Microfinance proposes 150% right shares ; Paid-up capital to reach Rs 35 crores

The 74th Board meeting of NMB Microfinance held on 26th Ashad, 2075 has proposed 150% right shares for the shareholders. 

The rasied capital will help the company to expand and provide best services to the stakehlders. The decision is however subject to approval from the AGM and the regulatory body.

The news has already increased the company share price by 10%. The stocks of NMB Microfinance was last traded for Rs 1540 in the stock exchange.