Prabhu Bank Limited (PRVU) has extended issue date for 40% right shares by 10 days.
As per the notice published, shareholders can apply for the 40% right shares upto 23 Falgun 2074. The closing date was set today (Falgun 13, 2074).
The rights issue was open from Magh 7, 2074.
The bank had set the book closure date on 21 Poush 2074. Thus, those shareholders who get registered in book till Poush 20, 2074 are eligible to participate in AGM & apply for right share.
Sunrise Capital Market Limited is the issue manager for the right issue.
PRVU has been issuing 2.35 crore units right shares its existing shareholders at a face value of Rs 100 per share.
Interested applicants can apply for right share from Sunrise Capital Market and designated branches of Prabhu Bank Limited & all C-ASBA approved BFIs.
Its paid up capital will reach to Rs 8.24 arba after 40% right share adjustment from existing Rs 5.88 arba.
It had posted net profit of Rs 63.49 crore in the second quarter of the FY 2074/75.
Its last trading price stood at Rs 230.
