Deva Bikas Bank extends closing date for right share issuance till today following yesterday's public holiday

Deva Bikas Bank has published a notice regarding the extension of closing date for its right share issuance till today (Baisakh 31, 2075).

The development bank has been issuing its 10:4 ratio 65,33,108.59 unit right shares at a par value of Rs 100 to its shareholders from 26th Chaitra. The previous closing date was set on Baisakh 30, 2075 but because of the day being a public holiday, the bank has extended it closing date till today.

The shareholders can apply for the right shares till banking hours today.

NIBL Ace Capital has been appointed as the issue manager for the right issue. So the interested applicants can collect forms from NIBL Ace Capital or designated branches of Deva Bikas Bank.

Currently, the paid up capital of the bank stands at Rs 1.63 arba and after the issuance of right shares, its paid up capital will reach Rs 2.28 arba.