100% right issue of Sindhu Bikas Bank approved by Sebon
Fri, Jun 10, 2016 5:05 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Securities Board of Nepal (SEBON) has given final approval to 1:1(100%) right issue of Sindhu Bikas Bank Limited on Jestha 26, 2073.
The bank has got approval to issue 1, 209, 375 units right share at Rs 100.
NIBL Capital Market Limited is the issue manager for this right share issue.
Sindhu Bikas Bank has earned net profit of Rs 1.45 crore in the third quarter of the fiscal year 2072/73.Its paid up capital remains at Rs 12.09 crore. After 100% right issuance the paid up capital will reach Rs 24.18 crore.
