Hurry up; Last day to secure 80% & 50% Right Share of NB Insurance & Manaslu Dev. Bank respectively

Today is the last day to get hold of 10:8 (80%) right share of NB Insurance Company Limited (NBIL) to its existing shareholders. The book closure date for 80% right issues has been set for Shrawan 6, 2073. Only the shares registered one day ahead of the book closure date i.e today is eligible for the right shares. Global IME Capital Limited has been assigned as the issue manager for the right issue. NBIL had earned a net profit of Rs. 2.20 crore in the third quarter of the current fiscal year. The paid up capital of the insurance company stands at 24.49 crore. After the issuance of 80 percent, the paid up capital will reach Rs 44.08 crore. Its last traded price stood at Rs  87.72 as on July 13, 2016. Likewise, today is the last day to get hold of 2:1 (50%) right share of Manaslu Bikas Bank Limited (MSBBL). The book closure date for 50% right issue has been set for Shrawan 6, 2073. Only the shares registered one day ahead of the book closure date i.e. today is eligible for the right shares. Manaslu Bikas Bank has earned net profit of Rs. 2.72 crore in the third quarter of the current fiscal year. The paid up capital of the bank stands at Rs 18.35 crore. After the issuance of 50 percent right share, the paid up capital will reach Rs 27.52 crore. Prabhu Capital Limited has been assigned as the issue manager for the right issue. Its last traded price stood at Rs 566 as on July 19, 2016.