Wednesday, January 1, 2014

Kabeli Bikas Bank issuing 11:4 rights shares from January 24

Kabeli Bikas Bank Limited is issuing 80,000 units of ordinary rights shares of face value Rs 100 from January 24 at 11:4 ratio.The rights issue being managed by Elite Capital Limited will remain open till February 23.

It may be noted here that as the development bank has already announced book closure from December 20, only those who held shares of the bank till poush 5 are eligible for the rights shares.-SSN

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