Last day to apply for Sana Kisan 50% right share; LTP stood at Rs 1400

Existing shareholders have one more day left to file for 2:1 (50%) ratio right shares of Sana Kisan Bikas Bank Limited (SKBBL). The microfinance has been issuing right shares from Mangsir 25, 2072 and today is the closing day for the same. Sana Kisan Bikas Bank Limited had offered 11, 53,412 unit right share at the ratio 2:1 from Mangsir 25, 2072. Nabil Investment Banking Limited is the issue manager for this issue. Interested shareholders can collect the application forms from the any branch of Sana Kisan Bikash Bank as well as from the Nabil Investment Banking Limited located at Central Plaza, Narayanchowk, Kathmandu. After the adjustment of the rights shares, the finance’s total paid-up capital will reach to Rs 34.60 crore from the existing Rs 23.06 crore. The microfinance has an authorized capital of Rs 64 crore. SKBBL has posted net profit of Rs. 4.88 crore in the 1^st quarter of the fiscal year 2072/72. Its last trading price stands at Rs 1400 as on January 13, 2016.