Narayani Development Bank issuing 1: 1 of Right Share

Jan Mon 2021 08:18:23

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Narayani Development Bank issuing  1: 1 of Right Share

Kathmandu. The Nepal Securities Board (NSB) has given permission to Narayani Development Bank to sell 100% of its shares. The board has given permission to the company to sell the right shares in the ratio of Rs. The rightful sales manager is Global IME Capital Limited.

The company, which was declared as a troubled financial institution on March 10, 2070 BS, was released from the troubled state by Nepal Rastra Bank on July 25, 2070 BS. Trading in the shares of the company, which was suspended due to the crisis, has resumed on November 25. The company's share price is currently at Rs 476 in the secondary market.