Investors, are you ready? Narayani Development Bank (NABBC) has officially set the book close date for its upcoming rights share offering! This is important news for anyone holding Narayani Development Bank shares and those considering investing in the bank.
The bank is issuing a 100% rights share, which means current shareholders will have the opportunity to double their holdings at a potentially advantageous price. But, to be eligible to participate in this rights issue, you need to pay close attention to the book close date.
The book close date is crucial. It determines who is eligible to receive the rights shares. Narayani Development Bank has set the book close date for Bhadra 9th. This means that if you want to be considered a shareholder of record and receive the rights offering, you must own Narayani Development Bank shares by Bhadra 8th. Any shareholder who owns the shares on or before this cut-off date is eligible to apply for the rights issue.
What does this mean for investors? If you currently own NABBC shares, make sure you hold onto them until at least Bhadra 8th if you want to take advantage of the rights offering. If you’re looking to invest in the stock market and believe in the future of Narayani Development Bank, consider purchasing shares before the book close date to participate.
This is a significant development for Narayani Development Bank. Rights issues often provide a way for companies to raise capital and can be a good opportunity for existing shareholders. Keep a close eye on market news and consult with your financial advisor to make informed decisions about your investment portfolio. This information should not be considered financial advice; always do your own due diligence and research investments before deciding.
