Nepal Insurance Company to issue 65% right shares from 21 Falgun 2075

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Nepal insurance Company

Nepal Insurance Company Limited to issue 65% right shares from 21 Falung 2075 to its existing shareholders. The issue will be closed on 25 Chaitra 2075

Only those shareholders who hold the shares till 26 Magh or one day before book close will be eligible to apply for right shares.



The company will be issuing 65% 4,014,651.58 units of shares at the rate of Rs.100.

Global IME Capital Limited has been appointed as issue manager of right issue.

The eligible shareholders can apply from all the C-ASBA approved BFIs.

Currently, its paid up capital is Rs.61.76 crore. After right issue, paid up capital will reach to Rs.1.02 arba.