Kumari bank Limited will be issuing 20 % 10:02 right shares from 28 Baishak 2075. The issue will be open for 35 days; closed on 31 Jestha 2075.
Kumari bank will float 11,938,992 units of right shares to its shareholders at the face value of Rs. 100
The commercial bank has set book closure date for 10 Baishak 2075. Those shareholders who get registered in book or purchase shares of Kumari bank within 9 Baishahk 2075 will be eligible for right shares.
NIBL ACE capital is issue manager of right shares.
The eligible shareholders can apply for right share from NIBL ACE Capital, Kumari bank & their branches & from all the C-ASBA approved Bank & financial institutions.
Currently, its paid up capital is 5.96 arba. After the right share, paid up capital will be 7.15 arba. To meet directives of Nepal Rastra Bank, Kumari bank further needs to hike its capital by around 85 crore.
