Right Shares of NIC Asia Bank & Chandragiri Hills Limited Added in SEBON Pipeline

Summary

SEBON has added the right shares of NIC Asia Bank and Chandragiri Hills Limited to its pipeline under preliminary review for capital increase through rights issue.

Key Points
  • SEBON added right shares of NIC Asia Bank to its pipeline under preliminary review.
  • NIC Asia Bank plans to issue 50% rights shares worth Rs. 7.45 Arba to existing shareholders.
  • Chandragiri Hills Limited applied to issue 100% rights shares worth Rs. 1.61 Arba to existing shareholders.
  • Paid-up capital of Chandragiri Hills will increase to Rs. 3.22 Arba after rights share adjustment.
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