Siddhartha Insurance announced book closure date for 35% right shares on 01 Jestha 2075.
Those shareholders who purchase or get registered in book within 31 Baishak 2075 or a head of book close will be eligible for right share.
The company will be issuing 35% or 22,44,973.50 unit of shares to shareholders.
NMB Capital limited will manages the issue.
Currently its paid up capital is Rs.64.14 crore. After right adjustment, paid up capital will reach to Rs.86.59 crore. To meet the directives of Beema samiti, it must hike its capital by around 13.50 crore.
