Manjushree Finance announces Falgun 9 as book closure for 5% right; LTP 143

Manjushree Finance Limited has announced book closure date for 5% right shares. The shareholders book will remain closed on 9th Falgun, 2074. 

The shareholders owning the shares at the time of book close will be eligible for the right shares. The company will issue 3.62 lakh units at a face value of Rs 100.  

Ace capital was appointed as the issue manager for the issue. 

Manjushree finance has earned a net profit of Rs 4.14 crores as of 2nd quarter 74/75. The finance company has a paid-up capital of Rs 72.43 crores. The company has already announced a bonus share of 6%. Manjushree Finance will meet the capital requirement of 80 crores after the upcoming bonus and right issue.