United Ajod Insurance Limited Closing Issue of 1: 0.10 Right Shares from Today
Thu, May 14, 2026 8:04 AM on Dividend, Bonus & Rights, Book Closure, Latest,
United Ajod Insurance Limited (UAIL) is closing its rights offering today. Initially opened on 26th Chaitra, 2082, the issue was set to close on 16th Baishakh, 2083. However, as per the notice, the rights offering will close today, i.e, from 31st Baishakh, 2083.
The company will issue 10% right shares worth Rs. 23.10 crores, with 23.1 lakh (1:0.10) units of right shares to its existing shareholders. The company's paid-up capital is Rs. 2.10 Arba. After the adjustment of the proposed right share, i.e., 23.1 lakh units, the company's paid-up capital will increase to Rs. 2.33 arba.
According to the CDSC, 1,12,336 applicants applied for 9,64,685 units of right shares, equivalent to Rs. 9.64 crores.
Laxmi Sunrise Capital Limited is appointed as the issue manager.
The book closure date is 17th Falgun, 2082. Thus, investors who held shares before that day can apply for them.
