Mega issue manager

KATHMANDU: Mega Bank has appointed Nabil Investment Banking Ltd as its issue manager for auctioning its rights ordinary shares.

In this regard, Mega Bank CEO Anil Keshary Shah signed a pact with Nabil Investment CEO Praveen Raman Parajuli on Tuesday, as per a media release.

The annual general meeting of the previous fiscal of Mega Bank had decided to distribute 65 per cent rights share, as per which, the bank will soon distribute 29,785,034.33 shares at Rs 100 per unit.