Last day to secure 20% right share of Kumari Bank ; LTP 270

Today is the last day to secure 20% right shares of Kumari bank. 

The shareholders book will close tomorrow. Shareholders wanting their name to be in the books for right share will have to buy the shares by today. 

Securities Board of Nepal (Sebon) has approved 20% right issue of Kumari Bank on 2nd April. 

The company will issue 1,19,38,991.65 unit shares at a face value of Rs 100. NIBL ACE Capital has been appointed as the issue manager for the issue. ICRA Nepal has assigned 4+ rating to the proposed issue. 

Kumari Bank was last traded for Rs 270 in the stock exchange.