Right Alert! Issue of 1:0.42 Right Shares of Asian Life Insurance Company Limited Opening from Today
Wed, Jul 9, 2025 9:53 AM on Dividend, Bonus & Rights, Latest,
Asian Life Insurance Company Limited (ALICL) is opening the issuance of its 50% rights shares from today i.e., on 22nd Ashad, to 11th Shrawan, 2082.
The company will be issuing 42% right shares worth Rs. 1.42 Arba through the issue of 1,42,79,312.48 (1: 0.42) units of right shares to its existing shareholders. The current paid-up capital of Rs. 3.39 Arba. After the adjustment of the proposed right share i.e. 1,42,79,312.48 units, the paid-up capital of the company will increase to Rs. 4.81 Arba.
Muktinath Capital Limited is appointed as the issue manager.
16th Jestha, 2082 was the book closure date. Thus, investors who maintained before that day can apply for the shares.
