Distribution and sale of Triveni, Muktinath Bikash Bank right shares open today

ShareSansar, October 2:

Triveni Bikash Bank Limited and Muktinath Bikash Bank Limited have issued their rights shares for sale from today.

Triveni Bikash Bank has informed that it is issuing 7.45 lakh unit right shares while Muktinath Bikash Bank is also floating 7.35 lakh unit right shares for sale.

The right shares of both the development banks of the face value Rs 100 is being floated at the ratio of 10:3 for sale. The issuance of the right shares will end on November 6.

According to Triveni’s issue manager, Ace Capital Limited, all the procedure related to the rights shares can be completed at Ace Capital’s office at Lal Durbar, all the branches of the development bank as well as Ace Development Bank across the country.

Likewise, Muktinath’s issue manager, Growmore Merchant Banker Limited, has stated that the rights shares can be processed through Growmore’s office at Durbarmarg, all the branches of Muktinath Development Bank, Siddhartha Development Bank and Sajha Bikash Bank.