Book closure for 20% right shares of Lumbini General Insurance on Ashwin 27, 2076; Company issuing 16.6 lakh units to its shareholders
Tue, Oct 1, 2019 11:26 AM on Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Lumbini General Insurance Company (LGIL) has announced the book closure date for 10:2 i.e. 20% right share.
The books of LGIL will be closed on Ashwin 27, 2076. Therefore, shareholders maintained on Ashwin 26, 2076 (Sunday) will be eligible to apply for the right shares.
LGIL has proposed to issue 20% right shares worth Rs.17.60 Crore through the issue of 16.60 Lakh units at par value. CBIL Capital has been appointed as the issue manager for the same. Paid-up capital of LGIL as of the last quarter stands at Rs.88 Crore. Post right share the paid up will reach Rs 105.60 crores.
