Last day to secure 14% bonus & 50% right share of Deva Bikas Bank

Today is the last day to secure 14% bonus and 50% right share of Deva Bikas Bank Limited (DBBL) for the FY 2072/73. Only the shares registered one trading day ahead of the book closure date i.e. today  (Poush 17 2073) are eligible for 14 percent bonus shares and 50 percent right share which was approved from Securities Board of Nepal (SEBON) and its SGM. The book closure date for the AGM has been set for tomorrow (Poush 18, 2073) till Poush 29, 2073. Deva Bikas Bank will be issuing 2:1 (50%) rights issue of 4,405,440.39 numbers of equity shares at the face value NPR 100/- each to be issued to the existing shareholders at par. DBBL has earned net profit of Rs 5.06 crore in the first quarter of the current fiscal year 2073/74. Its paid up capital remains at Rs 88.10 crore. After issuance of 14% bonus & 50% right shares, its paid up capital will reach to Rs 1.44 arba.