United Ajod Insurance Announces Rights Share from Chaitra 26
United Ajod Insurance Limited is set to issue rights shares to existing shareholders at a ratio of 10 shares for every 100 held, starting Chaitra 26.
United Ajod Insurance Limited will issue 2,310,000 rights shares with a face value of Rs 100 each, equivalent to 10% of the company’s current paid-up capital of Rs 231 crore. The rights issue follows a book closure on Falgun 17, meaning only shareholders registered with Nepal Stock Exchange (NEPSE) by Falgun 14 are eligible to apply.
Investors must submit their applications within banking hours on Baisakh 16. The issue and sales management of the rights shares has been entrusted to Laxmi Sunrise Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
