Book closure for 240% right shares of United Insurance Company on Shrawan 14, 2076; 72.57 Lakh units to be issued

Book closu...

The Special General Meeting (SGM) of United Insurance Company Limited (UIC) had endorsed decision to distribute 7,257,600 units of shares at par value as 240% rights for the existing shareholders of the company.

For this purpose, the book closure date has been established at 14th Shrawan, 2076. Investors holding stocks of the company till 13th Shrawan, 2076 will be eligible to apply for the proposed right shares of the company. Post right share the paid up capital of the company Rs 102.81 crore.