Last day to apply for 50% right shares of Nerude Laghubitta Bikas Bank; offer ends today

Nerude Laghubitta Bikas Bank Limited (NLBBL) is going to close 2:1 (50%) right shares to its existing shareholders from today after office hours. Nerude Laghubitta has been issuing a total of 9,00,000 unit right shares at the face value of Rs 100 from Chaitra 14, 2073 and today is the last day for the same. The book closure date for 50% right issue was set for Falgun 30, 2073. Only the shares registered one trading day ahead of the book closure date i.e. Falgun 26, 2073 are eligible for the right shares. NCM Merchant Banking Limited is the issue manager for the right issue. Interested shareholders can collect the application forms from NCM Merchant, Kamalpokhari, Kathmandu, and head office of Nerude Laghubitta Bikas Bank in Biratnagar, Morang. The application forms can also be downloaded from their respective websites. Nerude Laghubitta had earned net profit of Rs. 4.65 crore in the second quarter of the current fiscal year 2073/74. After issuance of bonus and right shares, its paid up capital will reach Rs 30.6 crore.