Nepal Insurance right share closing today

April 8, 2019 | Investopaper

Nepal Insurance is going to close its ongoing right share today(Chaitra 25, 2075).

The company is issuing 65 percent right share to the shareholders. On Falgun 21, 2075, the insurance opened it’s 1:0.65 right to its shareholders.

The total quantity of shares offered through the right issue is 40,14,651.58 units worth Rs. 40.15 crores. After the adjustment of the right amount into the capital, the paid-up capital will rise to Rs. 102 crores.

Global IME Capital Limited is the issue manager for the right. If any shareholders have not applied for the right issue, they can still apply until the closing of banking hours today. Shareholders existing before the book close date are eligible for the right


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