Have you applied for right issue of Lumbini General Insurance and NMB Laghubitta? Today is the last day to apply

Lumbini General Insurance Company Limited (LGIL) is closing it's ongoing 10:2 ratio (17,60,000 units) right share issue  to its shareholders from today (Mangsir 29, 2076). This issue was opened since Kartik 24.

The company is issuing 17.60 lakh at Rs 100 per share to its shareholders. The book closure for the issue was on Ashwin 27, 2076. CBIL Capital is the issue manager of the right issuance.

LGIL's current capital stands at Rs 88 crores. After the adjustment of the rights issue, it will reach Rs 1.05 arba.

Click Here for Right Closing Notice:

Similarly, NMB Laghubitta Bittiya Sanstha Limited (NMBMF) is also closing 24,30,093.75 units right share (1:1.5 ratio) issue to its shareholders from today (29th Mangsir, 2076).This issue was opened since Kartik 24.

Sunrise Capital has been appointed as the issue manager of the right issuance.

The company is issuing 150% right shares to its shareholders at a par value of Rs 100 per unit. The right issue will raise the capital of Rs.24.30 Crore and increase the paid-up capital from Rs.16.20 Crore to Rs.40.50 Crore.

NMBMF has declared 12% bonus share from the profit of FY 2075/76.

All the eligible shareholders are requested to apply right before banking hour today.

Click Here for Right Closing Notice: