Everest Insurance has announced book closure date for 105% right shares for promoter groups.
The book will be close on 27 Kartik 2075. Those shareholder who get registered in the book within 26 Kartik 2075 or one day ahead of book close will be eligible to apply for right share.
The company will be issuing 4,03,325 unit promoter right shares at the rate of Rs.100.
Currently, its paid up capital is Rs.13.36 crore.
After 105% promoter right share issuance, capital structure will be 51:49 between promoter & public. After adjustment of right shares, the company set to issue 300% right share for both group as whole.Paid up capital will be reach to 1.09 arba after right shares adjustment
