Everest Insurance to float 105% right shares for promoter groups from 16 Mangsir 2075. The issue will be closed on 22 Poush 2075.
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 14,03,325 unit promoter right shares at the rate of Rs.100.
Siddhartha Capital Limited has been appointed as issue manager of right issue.
Currently, its paid up capital is Rs.13.36 crore. After 105% promoter right share paid up capital will reach to Rs.27.39 crore. Then the company will issue 300% right share for both group as whole. Paid up capital will be reach to 1.09 arba after right shares adjustment
