Dhaka, Bangladesh (BBN)- National Bank Limited (NBL) has got the Securities and Commission’s (SEC) nod to change the face value of its shares from BDT 100.0 to BDT 10.0 each as well as to increase the market lot from 20 to 100 shares.
The SEC gave its consent on Thursday to the proposed changes in the denomination of the face value and market lot of NBL shares.
The NBL, after obtaining permission from the central bank, submitted its proposal to the SEC on May 23 to split its shares and change market lot.
BBN/SI/AD-27Aug10-8:13 pm (BST)