Right Alert! Issue of 100:10 Right Shares of United Ajod Insurance Limited Opening from Today
Summary
United Ajod Insurance Limited is issuing 10% rights shares worth Rs. 23.10 crores from 26th Chaitra to 16th Baisakh, increasing its paid-up capital from Rs. 2.10 Arba to Rs. 2.33 Arba.
Key Points
- United Ajod Insurance Limited (UAIL) is issuing 10% rights shares starting from 26th Chaitra, 2082 to 16th Baisakh, 2083.
- The rights shares will be worth Rs. 23.10 crores, totaling 23.1 lakh units at a ratio of 1:0.10 to existing shareholders.
- The company's paid-up capital before the issue is Rs. 2.10 Arba and will increase to Rs. 2.33 Arba after the share issue.
- Laxmi Sunrise Capital Limited is appointed as the issue manager and the book closure date is 17th Falgun, 2082.
