80% right shares of IME General Insurance get listed on NEPSE; paid up capital stands at Rs.97.20 Crore after adjustment

Tue, Apr 2, 2019 4:36 PM on Latest, NEPSE News, Share Listed,

Nepal Stock Exchange Limited (NEPSE) has published a circular regarding the listing of right shares of IME General Insurance Limited (IGI).

4,320,000 units Rights Shares of IME General Insurance Ltd. has been listed on the market. These shares can now be traded in the secondary market.

The company had issued 80% right shares at par value for the existing shareholders. After the adjustment of the right shares and shares sold through auction, paid up capital will increase to Rs.97.20 Crore.