Surya Life Insurance Company is set to issue 40% or 10:04 right share from 31 Baishak 2075. The right share will be remain open for 35 days. Offer will be closed on 3 Asar 2074.
The company will issue 28,87,500 units of right share to its existing shareholders.
The book closure date was set for 5 Baishak 2075. Those shareholders who had bought share within 4 Baishak 2075 or one day ahead of book close will be eligible for right shares.
NIC Asia Capital limited is issue manager of right shares.
The eligible shareholders can apply from NIC Asia Capital, Branches of Surya Life Insurance co. & from all the C-ASBA approved BFIs.
Currently, Paid up capital is Rs.72.18 crore. After right adjustment, paid up capital will reach to Rs.1.01 arba.
As per the directives of Beema Samiti, life Insurance Company must hike its capital to 2 arba by the end of Ashad.
