Last day to apply for 50% right share of Nerude Laghubitta

Apr 30, 2017 merolagani

Today, 17th Baisakh, 2074 is the last day to apply for 50% right share of Nerude Laghubitta Bikas Bank Limited (NLBBL). The bank has been offering 9,00,000 unit shares to its shareholders via right issue from 14th Chaitra, 2073.

Nerude Laghubitta had closed its shareholder register on 30th Falgun, 2073 for the purpose of right issue. Hence, only the shares registered till one trading day ahead of the book closure date i.e. 26th Falgun, 2073 are eligible to apply for the right shares.

NCM Merchant Banking Limited is the issue manager for the right issue.

Eligible and interested shareholders can submit their application from NCM Merchant, Kamalpokhari, Kathmandu or from head office of Nerude Laghubitta Bikas Bank, Morang, Biratnagar.

Nerude Laghubitta has a paid up capital of Rs 18 crores. Issuance of right shares will increase its paid up capital to Rs 27 crores.

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