Deadline Extended for 10:3.4783 Right Offering of Nepal Insurance Company
Summary
Nepal Insurance Company Limited has extended the deadline for its rights offering, increasing its paid-up capital from Rs. 1.64 Arba to Rs. 2.30 Arba by issuing 34.783% right shares.
Key Points
- Nepal Insurance Company Limited extended the rights offering deadline to Bhadra 02, 2082.
- The rights issue involves issuing 34.783% right shares worth Rs. 65.76 Crores.
- Existing shareholders can apply for 65,76,967.76 units of right shares under a 10:3.4783 ratio.
- After the rights offering, paid-up capital will increase from Rs. 1.64 Arba to Rs. 2.30 Arba.
