Reminder; Last day to clinch 25% right share of Mega Bank; LTP at Rs 601

Today is the last day to get hold of 25% percent right share of Mega Bank Limited (MEGA). The book closure date for 25% right issues has been set for Shrawan 10, 2073. Only the shares registered one day ahead of the book closure date i.e today (Shrawan 9) are eligible for the right shares. Global IME Capital Limited has been assigned as the issue manager for this right share issue. Mega Bank has earned net profit of Rs 32.28 crore in the third quarter of the fiscal year 2072/73. After the adjustment of the rights shares, the bank’s total paid-up capital will reach to Rs 40.35 crore from existing Rs 32.28 crore. Its last trade price (LTP) stood at Rs 601 as on July 21, 2016. The bank has 44 branches, 53 Branchless Banking outlets, 45 Mega ATM Counters, 1400 Mega Remittance Centers and one extension counter.