Nagbeli Laghubitta to issue 100% right shares after 45.47% bonus share distirbution ; Paid up capital to reach Rs 15.26 crore

Nagbeli Laghubitta Bikas Bank Limited (NBBL) will be issuing right shares to its shareholders. As per the notice published in NEPSE today, the microfinance company will be issuing 100% right shares (1:1) to its shareholders after distribution of 45.47% bonus shares it had announced from the net profit of FY 2073/74. The decision is subjected to the approval from the concerned authority and upcoming AGM. Its current paid up capital stands at Rs 5.25 crore. After 45.47% bonus and 100% right shares, it will reach to Rs 15.26 crore. It had earned Rs 3.37 crore in the fourth quarter of the FY 2073/74.