Muktinath Bikas Bank announces book close to issue right shares

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Muktinath Bikas Bank

Muktinath Bikas Bank has announced book close to issue 20% right shares.

The book close date is set on 31 Shrawan 2076. Those shareholders who get registered in the book within 30 Shrawan 2076 or one day before book close will be eligible to apply for 20% right shares.

The development bank will float 10:02 or 6,129,520.25 units of shares at the rate of Rs.100.

Vibor capital Limited has been appointed as issue manager.

Currently, its paid up capital is Rs.3.06 arba. After right share adjustment, its paid up capital will reach to Rs.3.67 arba.