Lumbini Bikas Bank Limited (LBBL) has been offering its 20,08,878.47 units right share to its shareholders in the ratio 10:1 (10%) since Magh 11, 2074. The right issue that has now been open for almost 35 days is closing soon on Falgun 16, 2074.
The book closure date was set on Poush 21, 2074. Only those shareholders that have shares traded ahead of the book closure date, i.e. till Poush 20, 2074 i.e. one day ahead of the book closure date are eligible to for right shares.
Prabhu Capital Limited has been assigned as the issue manager for right share issue.
Interested applicants can collect application forms from Prabhu Capital Limited, Lazimpat, Kathmandu and also from designated branches of LBBL and Prabhu Bank Limited.
Securities Board of Nepal (SEBON) had given final approval to issue 10:1 (10%) right shares of Lumbini Bikas Bank Limited (LBBL) on Poush 13, 2074.
Its current paid up capital stands at Rs 2.01 arba. After adjustment of 10% right shares, it will reach to Rs 2.21 arba. To meet the capital requirement of Rs 2.50 arba, it should further hike its capital by Rs 29 crore (around 13%).
It had earned Rs 14.37 crore in the second quarter of the FY 2074/75.
Its LTP stood at Rs 163 as of last trading day today.
Source: ShareSansar
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