Lumbini Bikas Bank Limited is issuing right share of 10% or 10:1 from Magh 11 2074. The bank will issue 20,08,878.47 units of right share at the rate of Rs 100 for existing shareholders.
Those investors who buy share within Magh 20 will be eligible for applying the right share of the bank from Magh 11 to Falgun 16 2074.
Prabhu Capital Limited has been appointed as the issue manager.
The interested shareholders can apply from office of issue manager, branches of Lumbani Bikas Bank & Prabhu Bank limited.
Currently, its paid up capital is Rs. 2.01 arba. After right share, paid up capital will reach to Rs. 2.21 arba. Further bank must hike the paid up capital by 13 percent to meet capital requirement of Rs. 2.50 arba as per the direction of Nepal Rastra Bank.
