Himalayan & Janata Bank 14.28% & 50%  right share book closure on Kartik 10 & 11 respectively

Himalayan Bank Limited (HBL) 23^rd AGM held on Poush 8, 2072 had endorsed 7:1 (14.28%) right share to its existing shareholders and now the bank has published a book closure date for the same. As per the notice published by the bank today, the book closure date for 14.28% right issue has been set for Kartik 10, 2073. Only the shares registered one day ahead of the book closure date i.e. Kartik 9, 2073 will be eligible for the right shares. Himalayan Bank will be issuing a total of 6,427,350 unit right shares at the face value of Rs 100. HBL has earned net profit of Rs 1.91 arba in the fourth quarter of the fiscal year 2072/73. It’s paid up capital remains at Rs 4.49 arba. After issuance of 14.28 percent right share, its paid up capital will reach to Rs 5.11 arba. Its last traded price stood at Rs 1600 as on October 18, 2016. Similarly, Janata Bank Nepal Limited (JBNL) 6^th AGM held on Jestha 30, 2073 had approved 2:1 (50%) right share to its existing shareholders and now the bank has published a book closure date for the same. As per the notice published by the bank today, the book closure date for 50% right issue has been set for Kartik 11, 2073. Only the shares registered one day ahead of the book closure date i.e. Kartik 10, 2073 will be eligible for the right shares. Janata Bank will be issuing a total of 10,300,000 unit right shares at the face value of Rs 100. JBNL has earned net profit of Rs 32.53 crore in the fourth quarter of the fiscal year 2072/73. It’s paid up capital remains at Rs 2.06 arba. After issuance of 50 percent right share, its paid up capital will reach to Rs 3.09 arba. Its last traded price stood at Rs 535 as on October 18, 2016.