Muktinath allots 6.36 lakh units rights shares; 99.4 thousand unclaimed scrips to be auctioned

Fri, Dec 13, 2013 12:00 AM on Share Allotment,

ShareSansar, December 13:

Muktinath Bikas Bank Limited has allotted 6.36 lakh units of rights shares at 10:3 ratio to the shareholders.

Issuing a notice today, the development bank has stated that though it has issued 7.35 units of rights shares of Rs 100 face value, there was no application for 99,444 thousand units.

The development bank is due to auction the unclaimed rights shares in future.