Swarojgar Laghubitta 1:1 right share opens from today; to issue 200,000 kittas

ShareSansar, June 26:

Swarojgar Lahubitta Bikas Bank Limited is opening its 1:1 right shares for the shareholders from today (Asar 11, 2072).  The bank’s 6th AGM held on Kartik 22, 2071 had decided to offer 1:1 right shares to its shareholders.

The bank is issuing a total of 2, 00,000 unit rights share at the face value of Rs 100. The last date for the right issue has been set for Shrawan 14.

Interested existing shareholders can apply for the shares at the office of the bank’s Share Registrar, NMB capital Limited, which is located at BabarMahal , Kathmandu.

The forms are available at NMB bank limited head office as well as branch offices.  

The bank’s paid up capital, which is at Rs 2 crore at present, will increase to Rs 4 crore after the right shares are completely taken over.  

Swarojgar Laghubitta had posted net profit of Rs.12.88 million in its 3rd quarter company analysis of the fiscal year 2071/72.