Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) is issuing a Further Public Offering (FPO) for 2,89,440 shares.
The 8th AGM of the company held on 7th Poush, 2078 endorsed the decision to issue a Further Public Offering (FPO) to the general public. The company intends to convert the shareholding structure to 70:30.
The paid-up capital of the company is Rs. 34,27,44,192, maintained after the joint operation with Gharelu Laghubitta and adjustment of 20% bonus shares thereafter.
RBB Merchant Banking Limited has been appointed the issue manager for the FPO. The opening date hasn’t been declared yet.