National Life insurance Company has extended deadline for applying 60% right shares. It was opened from 01 Shrawan 2075 to 04 Bhadra 2075 initially. Now the issue will be open till 19 Bhadra 2075.
The book close date was set for 22 Ashad 2075. Those shareholders who get registered in book within 21 Ashad or ahead of book close will be eligible for right shares.
The insurance company will issue 10:06 or 99,36,477.5 units of right shares at the face value of Rs.100.
NIBL ACE Capital has been appointed as issue manger for right share.
Eligible shareholders can apply from NIBL Ace Capital & all the C-ASBA approved banks & financial institutions.
Currently, its paid up capital is Rs.1.65 arba. After 60% right share, paid up capital will reach to Rs.2.64 arba. Right shares are going to issue to meet capital directives of Beema samiti of 2 Arba by Ashad end 2075.
