Karnali will issue 3.39 million unit right shares at a face value of Rs 100 per unit amounting to Rs 339.7 million to its existing shareholders.
The bank has appointed Prabhu Capital as its issue manager.
Earlier, a special general meeting of the bank held on June 17 endorsed a proposal of issuing 225 percent right shares.
Presently, the bank has a paid-up capital of Rs 151 million which will reach Rs 490.7 million after the right issue.