Book closure for 10:1 right issue of Jhimruk Bikas Bank on Falgun 27

Jhimruk Bikas Bank Limited (JHBL) 5th AGM held on Poush 26. 2071 had approved 10:1 (10%) right shares to their shareholders and now the bank has announced the book closure date for the same. The book closure date for 10:1 right issues has been set for Falgun 27. Only the shares registered one day ahead of the book closure date i.e. Falgun 26 will be eligible for the right shares. Jhimruk had earned net profit of Rs 91.08 lakh in the second quarter of the current fiscal year 2072/73. Growmore Merchant Banker Limited has been assigned as the issue manager. Its last traded price stood at Rs 384 as on January 14, 2016. The trading of Jhimruk Bikas Bank has been suspended for going into merger process. Jhimruk Bikas Bank has entered into a merger process with Hamro Bikas Bank and Jyoti Bakas Bank