The bank has appointed Prabhu Capital as its issue manager. the company closed its book on December 13, thus the shareholders registered in its book till December 12 are eligible to apply for the right shares.
The interested existing shareholders can apply for the shares from all ASBA approved BFIs, Prabhu Capital, Kamaladi, all branches of Shangrila Development and Biratnagar, Birgunj, Janakpur and Damak branch of Prabhu Bank.
Presently, the bank has a paid-up capital of Rs 1.35 billion which will reach Rs 2.44 billion after the right issue.
