Laxmi Bank issuing its right share from today
June 21, 2015, 8:16 a.m.
Kathmandu, June 21- The 14th AGM of Laxmi Bank Limited had approved the decision to issue 10:3 right shares.
Laxmi Bank Limited is issuing 10:3 ratio right shares to its shareholders from today. The rights issue will remain open for 35 days.
The bank has set Jestha 20 as the book closure date for the rights issue. Only those shareholders who own the shares of the bank by Jestha 19 will be allowed to claim the Right Shares offered by the bank.
The bank is floating a total of 70, 13,606 unit of right shares of face value of Rs 100.
After the rights shares, the bank’s total paid-up capital will reach to Rs 3 arba 3 crore 92 lakhs 29 thousand 200 .
NMB Capital Ltd is the issue manager of the right issue of Laxmi Bank.
The bank has an authorized capital of Rs 5 arba.
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