Kakrebihar Dev. Bank to issue 50% right shares from today – ShareSansar


Surkhet based Kakrebihar Development Bank limited (KKBL) has called on its existing shareholders to start applying for 1:0.5 (50%) right share from today (Kartik 16, 2072).

Only those shareholders owning shares till Ashwin 26, 2072 will be entitled to the right share of the company.

KKBL is issuing a total of 1, 72,500 rights share at the face value of Rs 100. The closing date for the right issue has been set for Mangsir 20.

Interested existing shareholders can apply for the shares at office of the KKBL’s Share RegistrarGrowmore Merchant Banker Limited , which is located at Durbarmarg, Kathmandu.

At present the finance has a paid up capital of Rs 3.79 crore whereas after the issuance of right shares its paid up capital will reach to Rs 5.17 crore.

Kakrebihar had earned a net profit of Rs 56.73 lakh in its 4th quarter of the fiscal year 2071/72.

Its last traded price stood at Rs 380 as on October 11.


Published on: Sharesansar (November 2, 2015)