Narayani Development Bank has opened applications for its 1:1 rights shares from Aswin 2, 2082, allowing eligible shareholders to apply until Aswin 22.

Narayani Development Bank has announced that applications for its rights shares will be accepted starting today, Aswin 2, 2082. The bank has offered its existing shareholders a 100% rights issue, with a ratio of 1:1 based on the current paid-up capital.

Under this rights issue, the bank is issuing 26,24,676 shares at a face value of NPR 100 per share, totaling NPR 26.24 crore.

The issue manager for this rights share is Global IME Capital Limited. Shareholders can submit their applications at Global IME Bank’s Bhumahi (Nawalparasi) branch, Narayani Development Bank’s central office, and its Yagyapuri, Tandi, Parsa, and Narayangadh branches. Applications can also be submitted online through banks and financial institutions participating in the C-ASBA system and via the MeroShare portal.

Eligible shareholders can submit their applications until Aswin 22, 2082. The bank had set the book closure date as Bhadra 9, 2082, meaning only shareholders registered as of Bhadra 8, 2082 are eligible to apply for the rights shares.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.