Vijaya Laghubitta Bittiya Sanstha to Issue 4,66,817 Unit FPO Shares to General Public from Poush 21
Summary
Vijaya Laghubitta Bittiya Sanstha Limited plans to issue 4,66,817 unit FPO shares to the general public starting Poush 21, 2082, aiming to raise Rs 4.66 Crores to restore public shareholding to 30%.
Key Points
- Vijaya Laghubitta Bittiya Sanstha Limited announced a Further Public Offering (FPO) of 4,66,817 shares to raise Rs 4.66 Crores.
- The FPO issuance starts on Poush 21, 2082, with an early closing date of Poush 24 and possible extension to Magh 05.
- NMB Capital Limited is appointed as the issue manager for the FPO.
- ICRA Nepal downgraded VLBS's issuer rating to B with a watch on negative implications, indicating high default risk.
