Tourism Dev Bank distributing new share certificates to shareholders of Matribhumi & Kalinchowk Dev. Bank from today

Tourism Development Bank Limited (TDBL) is distributing new share certificates of the bank to the shareholders of Matribhumi Bikas Bank Limited and Kalinchowk Development Bank Limited from today. Tourism Development Bank had acquired Matribhumi Bikas Bank and Kalinchowk Development Bank in a share swap ratio of 100:92:77. Shareholders should visit its share registrar NCM Merchant Banking Limited, Kamalpokhari, Kathmandu and submit their old share certificates. Notes:

1. Investors who have already dematerialized their shares of Matribhumi Bikas Bank and Kalinchowk Dev Bank will have their shares converted and deposited directly into their respective demat accounts.
2. Letter of authority along with copy of citizenship certificate is compulsory if the shareholder is not able to collect their certificates themselves.

Tourism Development Bank Limited is currently in a merger process with Mega Bank Nepal Limited. It is issuing 91.97 lakh units right shares in the ratio 1:1 from Chaitra 13, 2073 to Baisakh 14, 2074.