Nagbeli Laghubitta to issue 50,000 units (25% right shares) from today

Nagbeli Laghubitta Bikas Bank Limited (NBBL) is issuing Right Shares from today (Ashwin 11, 2072). The company has offered right shares at face value of Rs 100 at the ratio of 4:1 (25%) for its existing shareholders. NBBL ‘s  5th AGM held on Poush 30, 2071 had endorsed 4:1 right shares. NMB Capital Limited is the issue manager of this issue. The company has a paid up capital of Rs 2 crore and after adjusting right shares the paid up capital will rise to Rs 2.50 crore. The closing day for the right share issue is on Kartik 15 after the office time. NBBL has posted net profit of Rs.1.76 crore in the 4th quarter of the fiscal year 2071/72. Its EPS Stands at Rs 88.19 and net worth per share at Rs 206.64. Its last trading price stands at Rs 1930 as on September 22, 2015.