Last day to clinch 8% bonus and 50% right share of Gurans Life Insurance; book closure on Chaitra 6

Today is the last trading day to grab 8% bonus shares and 50% right shares of Gurans Life Insurance Company Limited.

The company will be issuing 50% right shares approved by the 8th AGM and 8% bonus shares from the profits of FY 73/74. The book closure date for this purpose is on 6th Chaitra 2075. Investors holding shares of the company till 5th Chaitra will be eligible to attend the AGM and claim dividends and right shares.

The proposed 8% bonus share will raise the paid-up capital of the company from Rs.59.40 Crore to Rs.64.15 Crore and further after the issue of upcoming 50% right shares worth Rs.29.70 Crore, the paid up capital will be Rs.93.85 Crore.

The 9th AGM has also proposed further issue of 100% right shares worth Rs.93.85 Crore in agenda. After the issue of 100% right shares, the paid up capital of the company will stand at Rs.1.87 Arba.