Deva Bikas Bank Limited (DBBL) has been included Securities Board of Nepal (SEBON) pipeline to ask for endorsement for the issuance of right offers in the proportion 10:4 (40%).

DBBL is looking for endorsement to issue 65,33,108 unit (40%) right offers worth Rs 65.33 crore of Rs 100 for every offer to its investors . The issue administrator for the correct issue is NIBL Capital Markets Limited.

As of late, DBBL has proposed 17.1% extra offers to its investors from the benefit it had earned in the FY 2073/74.

Deva has earned net benefit of Rs 3.23 crore in the principal quarter of monetary year 2074/75. Its paid up capital as of now remain at Rs 1.44 arba and after issuance of 17.1% reward share its capital will achieve Rs 1.69 arba.

DBBL has consented to an arrangement to secure Sarlahi-based Sahara Bikas Bank Limited (SHBL). Deva Bikas Bank had additionally procured Union Finance and Sajha Bikas Bank. Subsequent to procuring Union and Sajha, Deva Bikas Bank, as a national-level advancement bank, should build its paid up money to Rs 2.50 arba before the finish of FY 2073/74.

After joint exchange with Sajha Bikas Bank and Union Finance, its paid up capital came to Rs 1.88 arba. Also, after 40% right offer issue, its paid up will reach to Rs 2.63 arba. (investor of Sajha and Union are likewise qualified for 40% right offer)

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