Narayani Development Bank Closing Issue of 1:1 Right Share from Today
October 26, 2025 | Investopaper
Narayani Development Bank Limited (NABBC) is currently selling the right shares to the shareholders. The bank is issuing the right shares in the ratio of 1:1. This means that, shareholders with 100 shares can apply for the additional 100 shares.
The right offering is open from Ashwin 2, 2082 BS. The right issue was set to close on Ashwin 22, 2082 BS. However, due to under-subscription until that period, the deadline for application has now extended until Karthik 9, 2082 BS.
For this purpose, the company announced the book closure date on Bhadra 9, 2082 BS. Therefore, the investors holding/purchasing the shares of NABBC until Bhadra 8, 2082 BS will be eligible to subscribe the right shares.
Securities Board Of Nepal (SEBON) gave permission to the company on Shrawan 15, 2082 BS for the right offering. Only after the approval from the regulatory body SEBON, the company can sell the right shares.
At present, NABBC has a paid up capital of Rs. 26.24 crores. Hence, the company has plans to sell 26,24,676 right shares worth Rs. 26.24 crores.
After the right issue, NABBC will have a paid-up capital of Rs. 52.48 crores.
Global IME Capital Limited is the issue and sales manager for the right offering.
Also Read: How to apply IPO/FPO/Right Share through Mero Share?
