Infrastructure Development Bank Ltd. is issuing its right share in the ratio 1:3. According to the special general meeting held on 24th May, the company is issuing the right share in order to increase its share capital to 32 million. Around 24 million worth right share is on the way of issuance. Priyaraj Regmi and Bikash Babu Baniya are elected as the representatives on the behalf of general shareholders. In the fiscal year 2063/64, the operating profit of the company was Rs.190.20 million which has increased by Rs. 30.50 million in the last 10 months. IDBL started its operation from 16 Baisakh 2061.
Source:
Jamb News Service
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Monday, May 26, 2008
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