Last day to secure 50% right share of Muktinath Bikas Bank

Today is the last day to get hold of 2:1 (50%) right share of Muktinath Bikas Bank Limited (MNBBL). The book closure date for 50% right issue has been set for Bhadra 30, 2073. Only the shares registered one day ahead of the book closure date i.e. today (Bhadra 29) is eligible for the right shares. NIBL Capital Markets Limited has been assigned as the issue manager for the right issue. MNBBL has earned net profit of Rs. 35.88 crore in the fourth quarter of the last fiscal year. The paid up capital of the bank stands at Rs 83.84 crore. After the issuance of 50 percent right share, the paid up capital will reach to Rs 1.25 arba.