Asian Life Insurance Company to issue 60% right share from 25 Chaitra 2075. The right issue will be remains open till 29 Baishak 2076.
Those shareholder who got registered in the book within 21 Falgun or one day before book close will be eligible to apply for right share. The book was closed on 22 Falgun 2075.
The company will be issuing 10:06 or 7,540,352.73 of share at the rate of Rs.100.
The eligible shareholders can apply from all the C-ASBA approved Banks & financial institutions as well as branches of Asian Life Insurance Company.
NIBL Ace Capital Limited has been appointed as issue manager for right issue.
Currently its paid up capital is Rs.1.25 arba. After right share issue, paid up capital will reach to Rs.2.01 arba.
