Himalayan General Insurance closing 1:1.48 right shares today
Sun, Feb 16, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, February 16:
Himalayan General Insurance Company Limited is closing the issuance of its 1:1.48 ratio right shares today.
The insurer had issued 14,92,000 units of the right shares at the issue price of Rs 100 on January 13.
NMB Capital Limited at Babar Mahal, Kathmandu is the issue manager.
Notably, Himalayan Insurance had announced book closure for the right shares on January 1.
It may also be noted that the insurer had posted a net profit of 7.13 crore in the last fiscal year 2069/70.
It may be noted that the company has also reported a profit rise of 52 percent in the second quarter of the current fiscal year 2070/71.
As per the unaudited quarterly report published by the insurer today, its net profit has risen to Rs 3.37 crore in the second quarter, up from Rs 2.22 crore in the corresponding quarter of the last fiscal year.
Its EPS has now reached Rs 33.48 and its net worth per share stands at Rs 237.54.
