The converted shares have been listed in NEPSE on February 20 following which the shares are tradeable as ordinary shares.
However, given that Deva Bikas Bank is in merger process with Kumari Bank, trading of the stock is suspended in NEPSE.
Following the conversion, the promoter and ordinary shareholders’ ratio in Prabhu Bank is maintained at 51:49 and in Deva Bikas Bank at 51.5:48.5.
The bank has paid-up capital of Rs 10.31 billion and Deva Bikas has the paid-up capital of Rs 3.17 billion.
