10% Right Shares of United Ajod Insurance Approved By SEBON
Summary
Securities Board of Nepal has approved United Ajod Insurance's proposal to issue 10% right shares worth Rs. 23.10 crores, increasing paid-up capital to Rs. 2.33 Arba.
Key Points
- SEBON approved United Ajod Insurance's 10% right shares issuance.
- The rights issue is worth Rs. 23.10 crores through 23.1 lakh units.
- Paid-up capital will increase from Rs. 2.10 Arba to Rs. 2.33 Arba.
- Laxmi Sunrise Capital Limited appointed as issue manager.
