August 6, 2021 | Investopaper
Prudential Insurance Company Limited (PICL) has informed about the conversion of promoter shares to ordinary shares.
As informed on NEPSE, the non-life insurance has converted 9,97,691.9 units promoter shares into public shares.
After the conversion, the promoter-public share ratio will remain at 51:49.
As of Chaitra’s end 2078 BS, Prudential Insurance Company has a paid-up capital of Rs 102.64 crores.