Last day to apply 10% (68.26 lakh unit) right shares of Siddhartha Bank; Laxmi Capital manages the issue

Siddhartha Bank Limited (SBL) is closing 10% right shares to its shareholders today (Chaitra 6, 2074). The issue was open from Falgun 2, 2074. The bank has been issuing 68,26,117.19 unit of right shares at Rs 100 per share of worth Rs 68.26 crore. The book closure date for the rights issue was set for Magh 22, 2074. So, only those shareholder owning their shares till Magh 21, 2074 are eligible to apply for the proposed right shares. Laxmi Capital Market Limited has been appointed as the issue manager. Interested applicants can collect application form from Laxmi Capital Markets Limited, Siddhartha Capital Limited and designated branches of Siddhartha Bank Limited (SBL). Moreover, application can be submitted from the ASBA approved Bank and Financial Institutions (BFIs) via online or internet banking,only if applicants have subscribed online or internet banking in respective BFIs where they have maintained their bank account. Its current paid up capital stands at Rs 6.82 arba which will reach to Rs 8.47 arba after adjustment of 10% right shares and 14% bonus shares (of Rs 95.56 crore) which the bank announced from the net profit of FY 2073/74. Bonus shares are announced in the paid up capital of Rs 6.82 arba not in the paid up capital after adjustment of 10% right shares. It had earned Rs 77.28 crore in the second quarter of the FY 2074/75. Its LTP stood at Rs 300 as of last trading day. Offer Letter