Last day to clinch 166% right shares of Himalayan General Insurance & 50% right shares of Reliable Microfinance

Today is the last day to secure 166.67% right shares of Himalayan General Insurance Company Limited (HGI) and 50% right shares of Reliable Microfinance Bittiya Sanstha Limited (RMFL). Himalayan General Insurance Company Limited (HGI) and Reliable Microfinance Bittiya Sanstha Limited (RMFL) have set Asadh 16, 2074 as the book closure date for their upcoming 166.67% right share and 50% right share respectively. Only those shareholders having shares one trading day ahead of the book closure date i.e. till today (Asadh 15, 2074) are eligible to apply for the right shares. NMB Capital Limited has been assigned as the issue manager for the right shares of HGI whereas Civil Capital Market Limited has been assigned as the issue manager for the right issue of RMFL. HGI’s paid up capital remains at Rs 38.52 crore. After the issuance of 166.67% right share, the paid up capital will rise to Rs 1.02 arba. Likewise, RMFL’s paid up capital currently remains at Rs 5.65 crore, and after the issuance of 50% right share, its paid up capital will reach Rs 8.47 crore. LTP of HGI stood at Rs 1,675 whereas RMFL’s LTP stood at Rs 2705 as of yesterday (June 28, 2017).