100% Right Shares of Narayani Development Bank Limited Approved By SEBON
Sun, Aug 3, 2025 9:47 AM on Latest, Dividend, Bonus & Rights,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Narayani Development Bank Limited (NABBC).
The company will be issuing 100% right shares worth Rs. 26.24 Crores through the issue of 2,624,676 (1: 1) units of right shares to its existing shareholders.
The current paid-up capital is Rs. 26.24 Crores. After the adjustment of the proposed right share, i.e., 2,624,676 units, the company's paid-up capital will increase to Rs. 52.49 Crores.
Global IME Capital Limited is appointed as the issue manager.
As of writing, NABBC closed at Rs. 1,658.76.
