Kailash Bikas Bank issuing 20% (31.60 lakh units) right shares from today; offer closes on Chaitra 10
- ShareSansar, February 17, 2017 on Dividend, Right & Bonus , Featured , Latest , Stock Market
Kailash Bikas Bank Limited (KBBL) is issuing 5:1 (20%) right share to its existing shareholders from today (Falgun 6, 2073). The rights issue will remain open for 35 days before closing on Chaitra 10, 2073.
Kailash Bikas Bank is issuing a total of 31,60,672 unit right shares at the face value of Rs 100.
The book closure date for 20% right issue was set for Poush 13, 2073. Only the shares registered one trading day ahead of the book closure date i.e. Poush 12, 2073 were eligible for the right shares.
Global IME Capital Limited has been assigned as the issue manager for the right issue.
Interested shareholders can collect the application forms from Global IME Capital Limited, Rastriya Naachghar, Jamal, Kathmandu and from Kailash Bikas Bank Limited and its branch offices.
Kailash Bikash Bank has earned net profit of Rs. 26.38 crore in the second quarter of the current fiscal year. The paid up capital of the bank stands at Rs 1.58 arba. After the issuance of 20 percent right share, the paid up capital will reach Rs 1.89 arba.