Siddhartha Bank 10% right issue : Last day today !!!

10% right issue of Siddhartha Bank is closing today.

Right issue of Siddhartha bank commenced from Falgun 2nd (Feb 14th, 2018). Shareholders having the shares at the time of bookclose are eligible to apply for right share. The shareholders book closed on 22nd Magh 2074. 

SEBON granted an approval for the stated purpose on Poush 4th. 

Laxmi Capital is the issue manager for the right issue. 

Siddhartha Bank is issuing 68.26 lakh unit right shares at a face value of Rs 100. The company currently has a paid-up capital of Rs  6.82 arba. The capital will meet the required capital requirement after the right issue.