United Ajod Insurance Limited has officially opened the sale of its rights shares starting Chaitra 26, 2083. The company has issued a total of 2,310,000 shares at a face value of NPR 100 each, following a 10:100 (10%) rights issue ratio.
Shareholders will be able to submit applications for the rights issue until Baisakh 16, 2083. The issuance and sale of the shares are being managed by Laxmi Sunrise Capital Limited.
The company had set the book closure date for the rights issue on Falgun 17, 2083. Accordingly, only those shareholders who held shares as of Falgun 15, 2083, are eligible to apply for this rights offering.
Previously, the Securities Board of Nepal (SEBON) had granted approval for the rights share issuance on Magh 27, 2083.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
