Nagbeli Laghubitta Starts Issuing 100 percent Right Shares from Today

Jul 20, 2018 Merolagani

Nagbeli Laghubitta Bittiya Sanstha (NBBL) has started issuing 100 percent right shares from July 20 to August 23. The company is issuing 766,463.15 units of right shares with a face value of Rs 100 worth Rs 76.6 million to its existing shareholders at the ratio of 1:1.

The company closed its book on July 5 for the right issue, thus, the shareholders registered in its book by July 4 are eligible to apply for the right shares. 

 For that matter, the company has appointed NMB Capital as its issue manager. The interested shareholders can apply for the right shares from NMB Capital, Nagpokhari-Kathmandu, various branches of NMB Bank , Birtamod-Jhapa branch of Nagbeli Laghubitta, various branches of Goodwill Finance and Central Finance, Kamana Sewa BIkas Bank at Gyaneshwor and all C-ASBA approved BFISs. 

The 8th AGM of the company held on December 11 endorsed a proposal of issuing the right shares while the company obtained SEBON approval on May 25. 

Presently, the company has a paid-up capital of Rs 76.6 million. After the right issue, the paid-up capital of the company will reach Rs 153.2 million. 

In the third quarter of the current FY, the company earned a net profit of Rs 18.3 million and has maintained EPS of Rs 31.99.

 

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold Price Gains, Silver Declines

Apr 28, 2024 10:59 AM

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM

Chirkhwa Hydropower Incurs Loss

Apr 25, 2024 09:26 AM