Right Alert! Issue of 1:1 Right Shares of Narayani Development Bank Limited Opening from Today

Narayani Development Bank Limited (NABBC) is opening the issuance of its 100% rights shares from today, i.e., on 2nd Ashwin to 22nd Ashwin, 2082.

The company has been issuing 100% right shares worth Rs. 26.24 Crores through the issue of 2,624,676 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 26.24 Crores. After adjusting the proposed right share, i.e., 2,624,676 units, the company's paid-up capital will increase to Rs. 52.49 Crores.

Global IME Capital Limited is appointed as the issue manager.

The book closure date is Bhadra 08, 2082. Thus, investors who held shares before that day can apply for them.