Deadline Extended for "8.5% Prabhu Bank Debenture 2087"

Prabhu Bank Limited has extended the deadline of the issue of "8.5% Prabhu Bank Debenture 2087." The issue opened on 11th Jestha. Since the debenture isn't fully subscribed by its early closing date, the issue has been extended till Jestha 26.

The total issue is for 40,00,000 units, with each unit having a par value of Rs. 1,000. While 24 lakh units will be subscribed via private placement, 16 lakh units will be offered to the general public, including a 5% quota for mutual funds.

Investors can apply for a minimum of 25 units to a maximum of 10,00,000 units.

Offer letter

Deadline extension notice