Lumbini Bikas Bank extends date for 10% right share issue till Falgun 23

Lumbini Bikas Bank Limited (LBBL) has extended its closing date for the issuance of 10% right shares. The bank had floated 20,08,878.49 unit shares of Rs 100 each. The issuance of right share was open from Magh 11 till Falgun 16. The closing date has been extended till Falgun 23 for the right shares of the bank. Forms can be collected and deposited from Prabhu Capital, Kamaladi, Lumbini Development Bank & all its branches, Vibor Capital Limited, Lalitpur and all the financial institutions providing ASBA services. Its current paid up capital stands at Rs 2.01 arba. After adjustment of 10% right shares, it will reach to Rs 2.21 arba. To meet the capital requirement of Rs 2.50 arba, it should further hike its capital by Rs 29 crore (around 13%). Notice