Rupali Bank PLC has secured approval from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk680 crore by issuing new shares to the government against its existing equity investment, strengthening the state-owned lender’s capital base.
In a disclosure to the Dhaka Stock Exchange (DSE) on Monday, the bank said BSEC approved the issuance of 45.33 crore ordinary shares at Tk15 each, comprising a Tk10 face value and a Tk5 premium.
The shares, valued at Tk680 crore, will be allotted to the Government of Bangladesh, represented by the Finance Division secretary, against the government’s equity investment in the bank.
The approval, communicated in a BSEC letter dated 12 July, follows the bank’s disclosure on 30 June 2025 outlining its plan to issue the shares.
Rupali Bank shares rose 0.59 per cent to close at Tk17.10 on the DSE on Monday.
