Last day to apply Kakrebihar Bikas Bank 50% right share

Existing shareholders have one more day to file for the 1:0.5 (50%) ratio right shares of Kakrebihar Development Bank limited (KKBL). The development bank has been issuing right shares from Kartik 16, 2072 and today is the closing day for the same. KKBL is issuing a total of 1, 72,500 rights share at the face value of Rs 100 for its existing shareholders. Interested existing shareholders can apply for the shares at office of the KKBL’s Share Registrar Growmore Merchant Banker Limited which is located at Durbarmarg, Kathmandu. At present the finance has a paid up capital of Rs 3.79 crore whereas after the issuance of right shares its paid up capital will reach to Rs 5.17 crore. Kakrebihar had earned a net profit of Rs 56.73 lakh in its 4th quarter of the fiscal year 2071/72. Its last traded price stood at Rs 380 as on October 11.