Deva Bikas Bank issuing 40% (65.33 lakh units) right shares from Chaitra 26; Offer ends on Baisakh 30

Deva Bikas Bank has published a notice regarding the issue of right shares to its shareholders. The development bank will be issuing its 10:4 ratio 65,33,108.59 unit right shares at a par value of Rs 100 to its shareholders from 26^th Chaitra to 30^th Baisakh, 2074. The book closure date was set on Falgun 17, 2074. Thus the shareholders holding their shares till Falgun 16, 2074 are eligible to apply for the right shares. Securities Board of Nepal (SEBON) had given final approval to the 40% right issue of Deva Bikas Bank on Magh 26, 2074. 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. ICRA Nepal had provided Grade 4 rating to the right shares of DBBL. Notice