Western Dev. Bank appoints Prabhu Capital as issue manager for 1:1 Right Share

Western Development Bank Limited has appointed Prabhu Capital Limited as its issue manager. Khim Bahadur DC, Chief Executing Officer (CEO) of Western Dev Bank and General Manager Shankar Prasad Kalikota of Prabhu Capital signed an agreement. Issuing a press release it stated that Prabhu Capital will be the issue manager for 1:1 right shares of Western Development Bank Limited.The development bank is issuing 15, 69, 600 units right shares at the face value of Rs 100.