Swarojgar Laghubittta 1:1 right share offer closes today; 2, 00,000 units floated

ShareSansar July 30;

Swarojgar Laghubitta  Bikas Bank Limited has been issuing  1:1 right shares to its shareholders from Ashad 11, 2072 and Shrawan 14 (today) is the closing day for the same.  

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.

NMB Capital Limited is the issue manager of the Bank, located at Babarmahal Kathmandu.

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.