United Insurance 240% right shares on the way to special AGM

February 6, 2019 | Investopaper

United Insurance is taking the agenda of the 240% right shares to the special AGM. The board of directors meeting held on 2075/10/22 has approved the 1:2.4 right shares. In order to meet the capital requirement of Rs. 1 Arab, the company will issue right shares. The current paid up capital stands at Rs. 30.24 crores. After 1:2.4 right share, the capital will reach Rs. 102.82 crores.