Narayani Development Bank (NABBC) Unveils Book Closure Date for 100% Rights Offering

Summary

Narayani Development Bank Limited (NABBC) has announced the book closure date for its 100% rights share offering on 9th Bhadra, 2082, issuing shares worth Rs. 26.24 Crores to existing shareholders.

Key Points
  • Narayani Development Bank Limited (NABBC) announced the book closure date for its 100% rights shares as 9th Bhadra, 2082.
  • Existing shareholders holding shares before Bhadra 08 are eligible for the rights offering.
  • NABBC will issue 2,624,676 units of right shares worth Rs. 26.24 Crores on a 1:1 basis.
  • After the rights issue, paid-up capital will increase from Rs. 26.24 Crores to Rs. 52.49 Crores.
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