Book closure for 150% Right Shares of Mount Makalu Dev. Bank on Shrawan 21;only 5 trading days left

Mount Makalu Development Bank Limited (MMDBL) 5^th AGM held on Poush 10, 2072 had approved 1:1.5 (150%) right share to its shareholders and the development bank has announced book closure date for the same. The book closure date for 150% right issues has been set for Shrawan 21, 2073. Only the shares registered one day ahead of the book closure date i.e. Shrawan 20 will be eligible for the right shares. NIBL Capital Market has been assigned as the issue manager for the same. Mount Makalu has earned net profit of Rs 39.87 lakhs in the fourth quarter of last fiscal year 2071/72 as per unaudited report.