Tourism Development Bank issues 100% right share from today

Mar 26, 2017 merolagani



Tourism Development Bank Limited (TDBL) is issuing 100% right shares from today i.e. 13th Chaitra, 2073. The bank will be issuing 91,97,712 unit share at Rs 100 per share via right issue.

The bank had closed its shareholder register on 7th Magh, 2073 for the purpose of right issue. Only the shares registered till one trading day ahead of the book closure date i.e. 6th Magh, 2073 are eligible to apply for the right shares.

NIBL Capital Markets Limited is the assigned issue manager for the right issue.

Eligible and interested shareholders can submit their application forms from NIBL Capital Limited, Lazimpat, Kathmandu or from any of the branch office of Tourism Development Bank Limited. The right issue will close on 17th Baisakh, 2074.

The bank has paid up capital of Rs 91.97 crores. Capitalization of right shares will increase the paid up capital of the bank to Rs 1.83 arab.

Trading in TDBL is suspended due to ongoing merger process with Mega Bank Nepal Limited (MEGA).




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