Only 2 trading days left to clinch 100% right shares of Laxmi Bank; right shareholders also eligible for 18.29% bonus

Investors interested in applying for 100% right shares of Laxmi Bank Limited (LBL) have only two more days to secure the right shares. LBL will be issuing a total of 3.15 crore unit right shares to its shareholders in the ratio 1:1 (100%). It has set Chaitra 18, 2073 as the book closure date for this purpose. Only those shareholders having shares one day ahead of the book closure date i.e. tomorrow (Chaitra 17, 2073) are eligible to apply for the right shares. Right share allottees also eligible for 18.29% bonus share LBL has proposed 18.29% bonus shares from the profits it earned in FY 2072/73. All right share allottees are also eligible for 18.29% bonus shares. After the issuance of 100% right and 18.29% bonus, its paid up capital will reach Rs 7.47 arba.