The bank is issuing Rs 613 million worth of right shares to its existing shareholders.
The company has appointed Vibor Capital as its issue manager. Earlier, the bank issued 40 percent right and 18.25 percent bonus share. The bank is issuing 20 percent right shares of the paid-up capital maintained after right and bonus share.
Presently, the bank has paid-up capital of Rs 3.06 billion that will reach Rs 3.67 billion after the right issue.
