Prime life insurance company has announce book close date for 160% or 1:1.60 right share to its shareholders.
As per the notice published in nepse, the book will remain close in 17 Falgun 2074 for right share. Interested investor must buy shares within 16 Falugn 2074: 1 day a head of book closure date.
Those shareholders who get registered in the book within 16 Falgun 2074 will be eligible for right shares.
Prime life insurance will issue 97,63,200 units of right share at the face value of Rs. 100.
Siddhartha capital limited is appointed as issue manager for right share.
PLIC will be issuing right share for hiking capital to meets Beema samiti directives of 2 arba paid of capital by the ashad end 2075.
Currently, its paid up capital is 61.02 crore with reserves of 93.41 crore. After 160% right share worth 976,320,000, paid up capital reached to 158.6 crore.
It has announced dividend of 32.5% which will be get of 160% right shareholders also.
In the second quarter of fiscal year 2074/75 PLIC has posted net profit of 11.51 crore.
The last trading price is Rs.1709.
