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Right Issue of Nepal SBI Starts Today

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Right Issue of Nepal SBI Starts Today
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May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 units of right shares with a face value of Rs 100 to its existing shareholders. The right issue will closed on June 25. NMB Capital is the issue manager of the bank. 

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