Shree Investment and Finance company Ltd. announces book closure; 83% right shares to issue

Shree investment and Finance co. ltd. has announced book closure for the purpose of right issurance on poush 30, 2074.

The company has announced right shares in the ratio of 10:8.3. Shareholders owning shares at the time of book closure will be eligible for applying right shares.

Siddhartha capital limited has been appointed as the issue manager for right issue.

Current paid-up capital of the company is Rs 34.54 crore, which will hike to 63.20 crore after issuing 83% right share.

The last traded price of SIFC was Rs 397.