Siddhartha Bank apportions 10% right share ; 2.14 lakh unclaimed shares to be auctioned soon

Siddhartha Bank has alloted 10:1 right shares to the valid shareholders on 6th Baisakh, 2075.  The company has successfully apportioned 66,11,517 units to the applicants. The unclaimed 2,14,600 units will be auctioned among general public. 

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

Siddhartha Bank issued 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 listing of right shares. 

Laxmi Capital was the issue manager for the right issue.