Everest Insurance announces book close for right issue

0
450
right share

Everest Insurance Company announces book close to issue 300% right shares.

The book will be remains close on 09 Baisakh 2076. Those shareholder who get registered in the book within 08 Baishakh 2076 or one day before book close will be eligible to apply right shares.

The company will be issuing 1:3 or 82,19,475 units of share at the rate of Rs.100.

Siddhartha Capital limited has been appointed as issue manager.

Currently, its paid up capital is Rs.27.39 crore. After issuance of 300% right shares paid up capital will reach to Rs.1.09 arba.