Laxmi Capital appointed as issue manager for 4:1 right share of Siddhartha Bank

Siddhartha Bank Limited has appointed Laxmi Capital Market Limited as the issue manager for 4:1 right share issue. Rajib Sapkota, CEO of Laxmi Capital and Bholanath Dhungana, Company Secretary of Siddhartha Bank signed the agreement. Laxmi Capital Market Limited will be the issue manager for 4:1 right share of Siddhartha Bank. Siddhartha Bank’s Special General Meeting (SGM) held on Baisakh 12, 2073 had endorsed to issue 4:1 (25%) right share to its shareholders. The bank will be issuing 75.55 lakh units right shares of the paid up capital Rs 3.2arba. Siddhartha Bank and Business Universal Bank had started joint operation after merger process. The joint operation of both bank started from Ashad 7, 2073 as Siddhartha Bank.