Siddhartha Development Bank Ltd. is about to give 1:5 right shares in two lots. In the first lot, 1:1 right share would be issued on the prevailing paid up capital of Rs. 107,575,500. Once the issued right shares are listed on the Nepal stock exchange, the second lot of issuance would be carried out. After the enlistment, the paid up capital will be calculated and the second lot issuance in the ratio of 1:2 will be forwarded. Both the lots of right share issue will be completed within a year. With the purpose of increasing its capital to Rs. 650 million and enhancing itself as a national level development bank, SDBL is following these strategies.
Source: eKantipur
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Monday, August 11, 2008
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hello frnd right share date fix or not when given ? from which date?
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