Deadline Extended for 1: 1 Right Offering of Narayani Development Bank Limited
Wed, Oct 8, 2025 9:57 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Narayani Development Bank Limited (NABBC) has extended the deadline for its ongoing rights offering. Initially opened on 2nd Ashwin, 2082, the issue was scheduled to close today, i.e., on 22nd Ashwin, 2082. However, as per the latest notice, the rights offering will now remain open until 9th Kartik, 2082.
The company has been 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 adjusting the proposed right share, i.e., 2,624,676 units, the company's paid-up capital will increase to Rs. 52.49 Crores.
According to the CDSC, 1,073 applicants applied for 3,26,100 units of right shares, equivalent to Rs. 3.26 crores.
Global IME Capital Limited is appointed as the issue manager.
The book closure date is Bhadra 08, 2082. Thus, investors who held shares before that day can apply for them.
