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Right Share Issuance of Nepal Bank Commences

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Right Share Issuance of Nepal Bank Commences
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April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24.  

The existing shareholders registered by April 10 can apply for the right shares. Civil Capital Market Ltd is the share registrar of the bank. The interested existing shareholders can apply for the right shares from Civil Capital Market at CTC Mall, Kathmandu along with all the branches of the Nepal bank. Presently, Nepal Bank has paid-up capital of Rs 6.49 billion which will reach to Rs 8.04 billion after issuance of the right shares. 

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