Samriddhi Finance Company Limited (SFCL) is auctioning its unclaimed right shares. The auction will open on 29th Chaitra, 2078, and conclude on 7th Baisakh, 2079.

73,100 unit ordinary shares and 8,67,366 unit promoter shares will be auctioned. This is the unclaimed portion of the 2: 1 rights offering. The finance company allotted its 2:1 ratio rights offering on 16th Chaitra, 2078. The rights offering was open from 8th Falgun to 29th Falgun, 2078. Poush 11 was the book closure date. Thus, shareholders maintained before that day were eligible to apply for the right shares.

Of the 27,29,705 shares issued, the company only received valid applications for 17,89,239 shares, which have been allotted. The remaining…


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