Applications for Nepal Insurance’s right shares are open from today, until when will existing shareholders be able to apply?

Applications for Nepal Insurance’s right shares are open from today, until when will existing shareholders be able to apply?

The company has started issuing 34.783% rights shares from 6th Shrawan 2081.

Nepal Insurance Company Limited has opened its 34.783 percent rights share offering from 6th Shrawan 2081. The company received approval from the Securities Board of Nepal (SEBON) to issue a total of 65,76,967.76 shares at a ratio of 10:3.4783, with a face value of Rs. 100 per share.

For this issuance, the company had announced a book closure date on 30th Jestha 2081. Therefore, only shareholders who held shares by 29th Jestha 2081 are eligible to apply for the rights offering.

The deadline to apply for the rights shares has been set for 26th Shrawan 2081. Eligible shareholders can submit their applications through NIMB Ace Capital’s central office in Lazimpat or its branch offices located in Pokhara (Chipledhunga), Butwal (Traffic Chowk), Birgunj (Adarshnagar), and Biratnagar (Golchachowk).

Additionally, applications can be submitted through all C-ASBA member banks and financial institutions approved by SEBON, as well as via the Meroshare online platform.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


 

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