SEBON Approves FPO Shares of Vijaya Laghubitta Bittiya Sanstha; Company to Issue 4,66,817 Unit Shares

Summary

The Securities Board of Nepal has approved Vijaya Laghubitta Bittiya Sanstha's further public offering of 4,66,817 shares, raising Rs. 4.66 Crores and increasing the company's paid-up capital to Rs. 79.17 Crores.

Key Points
  • Securities Board of Nepal (SEBON) approved the Further Public Offering of Vijaya Laghubitta Bittiya Sanstha Limited (VLBS).
  • VLBS is issuing 4,66,817 units of FPO shares at a par value of Rs. 100 per share.
  • The FPO will raise Rs. 4.66 Crores, increasing the paid-up capital from Rs. 74.50 Crores to Rs. 79.17 Crores.
  • NMB Capital Limited has been appointed as the issue manager for the FPO.
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