Prime life insurance company Limited (PLIC) is floating 160% or 1:1.6 right share to its existing shareholders from today, 27 Falugn 2074.
The offer will remain open for 35 days. It will be close on 02 Baishak 2074.
The book close for right share is set for 17 Falgun 2074 for right share. Interested investor must buy shares within 16 Falugn 2074: 1 day a head of book closure date to be eligible for right share.
Prime life insurance is issuing 97,63,200 units of right share at the face value of Rs. 100.
Siddhartha capital limited is appointed as issue manager for right share.
Interested or eligible applicant can apply for right share form Siddhartha capital limite, Naxal Kathmandu & from all the C-ASBA approved bank & financial institutions. Once can apply online using Mero share Software & also can apply filling up physical form from the respective branches of banks.
Currently, its paid up capital is 61.02 crore with reserves of 93.41 crore. After 160% right share worth 976,320,000, paid up capital reached to 158.6 crore.It has already decleared 12.5% bonus share. After bonus adjustment, paid up capital will reached to 1.78 arba.
In the second quarter of fiscal year 2074/75 PLIC has posted net profit of 11.51 crore.
The last trading price of PLIC is Rs.650.
