Only 6 trading days left to clinch 50% right share of Kabeli Bikas Bank; Book closure on Shrawan 19

Kabeli Bikas Bank Limited (KEBL) has set Shrawan 19, 2074 as the book closure date for the purpose of its upcoming 50% right share. Only those shareholders having shares traded one trading day ahead of the book closure date i.e. till Shrawan 18, 2074 are eligible for the right shares. Global IME Capital Limited has been appointed as the issue manager. KEBL will be issuing 3,50,880 units right shares worth Rs 3.50 crore each to be floated to its existing shareholders at par value of Rs 100 per share. KEBL 8^th AGM conducted on Jestha 29, 2073 had endorsed the agenda to issue 50% right shares. After the issuance of 50% right, its paid up capital will reach Rs 10.52 crore from the existing Rs 7.04 crore. KEBL had earned net profit of Rs 2.34 crore till the end of third quarter of FY 2073/74. Its LTP stood at Rs 519 as of yesterday (July 25, 2017).