Final Day to grab 50% (2:1 ratio) Right Shares of Dhankuta Based Kabeli Bikas Bank

ShareSansar, June 21:

Kabeli Bikas Bank Limited (KEBL) is closing its 2:1 (50%) rights shares from today.

1,72,000 unit right shares are being floated since Baisakh 10, 2072. The bank’s 6th AGM held on Poush 20, 2071 had decided to offer 2:1 right shares to its existing shareholders.

Only those investors who bought the shares and got them transferred to their names before the book closure date on Chait 25, 2071 will be eligible to apply for the right shares.

The bank issued a total of 1,72,000 unit right shares at the face value of Rs 100. Interested existing shareholders can apply for the shares at the office of the bank’s share registrar, Global IME capital Limited, which is located at Rastriya Naach Ghar, Jamal, Kathmandu

Kabeli Bikas Bank has posted net profit of Rs.10.03 million in its third quarter finanicial report of the fiscal year 2071/72.

The last traded price of the development stood Rs 433 in Nepse.