Promoter Shares of Shine Resunga Development Bank (SHINE) Converted; What's the new Shareholding Ratio?
Fri, May 28, 2021 11:05 AM on Latest,
13,12,549 unit promoter shares of Shine Resunga Development Bank Limited (SHINE) are now converted to ordinary shares.
The 12th AGM of the company held on 29th Poush, 2077, endorsed the agenda to change the shareholding ratio from the one maintained before the acquisition of former Bhargav Bikash Bank Limited and former Purnima Bikas Bank Limited. The ratio maintained as of now was 54.85: 45.15.
The Promoter to Public Shares Ratio of the company is now 51:49. As of writing, SHINE has an LTP of Rs. 333.
