Nerude Laghubitta Bikas Bank 50% right share approved by SEBON
Wed, Feb 1, 2017 5:20 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Securities Board of Nepal (SEBON) has approved 50% right share of Nerude Laghubitta Bikas Bank (NLBBL) today.
NCM Merchant Banking Limited has been appointed as the issue manager of the right issue. NLBBL will be issuing 900,000 units right shares at a par value of Rs 100 per unit.
9th Annual General Meeting of Nerude Laghubiita Bikas Bank Limited held on Poush 29, 2072 had endorsed the agenda on the issuance of 2:1 (50%) right share to increase the paid up capital. It has announced 20% bonus share for the FY 2073/74. After issuance of bonus and right shares, its paid up capital will reach Rs 30.6 crore.
