Book closure for 50% right share of Gurkhas Finance on Baisakh 20; Siddhartha Insurance’s book closure on Baisakh 17

Gurkhas Finance Limited (GUFL) had recently received approval from SEBON to issue 28,93,313 units right shares in the ratio 2:1. It has published a book closure notice for the same. As per the notice published by the finance company today, the register of their shareholders will close on Baisakh 20, 2074. Only those shareholders holding shares traded one trading day ahead of the book closure date i.e. until Baisakh 19, 2074 are eligible to apply for the right shares. NIBL Capital Markets will be managing the right issue for Gurkhas Finance. Book closure for 19.23% right shares of Siddhartha Insurance on Baisakh 17 Similarly, Siddhartha Insurance Limited (SIL) has also announced book closure date for its upcoming 19.23% right shares. The register of their shareholders will close on Baisakh 17, 2074 for one day for the purpose of issuing the right shares. Only those shareholders holding shares one trading day ahead of the book closure date i.e. until Baisakh 14, 2074 are eligible to apply for the right shares. SIL will be issuing a total of 862,125 units right shares, each to be floated to its existing shareholders at par value of Rs 100 per share. Laxmi Capital Market Limited has been assigned as the issue manager for the right share issue of SIL.