The rights offer of the bank has been approved by the Securities and Exchange Commission for 23,38,63,968 ordinary shares of Tk 10 each at par totalling Tk 233,86,39,680 only at a ratio of 1R: l(one rights share for one existing share). The approval has been accorded subject to the condition that the company shall comply with the requirements embodied in the Securities and Exchange Commission (Rights Issue) Rules, 2006 and other relevant laws and regulatory requirements.