Nepal Insurance Company Limited Closing Issue of 10:3.4783 Right Shares from Today
Summary
Nepal Insurance Company Limited is closing its rights offering today, issuing 34.783% right shares worth Rs. 65.76 Crores to increase paid-up capital from Rs. 1.64 Arba to Rs. 2.30 Arba.
Key Points
- Nepal Insurance Company Limited is closing its rights offering today.
- The company is issuing 34.783% right shares worth Rs. 65.76 Crores.
- The total units of right shares issued are 65,76,967.76 (10:3.4783) to existing shareholders.
- The paid-up capital will increase from Rs. 1.64 Arba to Rs. 2.30 Arba after the right shares.
- NIMB Ace Capital Limited is appointed as the issue manager.
