Hurry up; Last day to secure 55% right share of Citizens Bank; LTP stood Rs 820

Sun, Jun 5, 2016 3:00 AM on Latest, Featured, Book Closure, Stock Market,
Today is the last day to get hold of 10:5.5 (55 %) right share of Citizens Bank International Limited (CZBIL) The book closure date for 10:5.5 right issues has been set for Jestha 24, 2073. Only the shares registered one day ahead of the book closure date i.e. today is eligible for the right shares. CZBIL had earned a net profit of Rs. 72.80 crore in the third quarter of the current fiscal year. The paid up capital of the bank stands at Rs 3.06 arba. After the issuance of 55 percent, the paid up capital will stand at Rs 4.74 arba. Global IME Capital Limited has been assigned as the issue manager for the right issue. Its last traded price stood at Rs 820 as on June 2, 2016.