Right Shares Allotment Complete: Narayani Development Bank (NABBC) Reauctioning 23,739 Unclaimed Units
Mon, Mar 1, 2021 10:36 AM on Latest, Dividend, Bonus & Rights, Auction,
Narayani Development Bank Limited (NABBC) has allotted its 1:1 ratio right share to its shareholders on 14th Falgun, 2077. Out of the total 6,56,169 units issued, only 6,32,430 units have been allotted to 832 applicants.
The issue opened on 13th Magh, 2077, and concluded on 3rd Falgun, 2077. The company had applied in SEBON to issue the right shares totaling 6,56,169 units. SEBON had then approved the issue on Poush 20. The book closure for the issue of the right shares was announced on Poush 29. Thus, investors maintained till Poush 28 were eligible to apply for the right shares.
The remaining 23,739 units will be auctioned later.
Bidders who weren't allotted will be refunded from Falgun 18 via Connect IPS.
