Lumbini General Insurance closing 10:6.2 right shares today
Sun, Mar 9, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, March 9:
Lumbini General Insurance Company Limited is closing the issuance of its 10:6.2 ratio right shares today.
Altogether 9.66 lakh issuance of the right shares of Rs 100 face value were floated on February 3.
It may also be noted that the insurance company had announced the book closure for the right shares on January 16.
ACE Capital Limited at Lal Durbar, Kathmandu is the issue manager.
Lumbini General Insurance had posted a net profit of Rs 4.13 crore in the last fiscal year of 2069/70, and went on to register additional profit of Rs 77.3 lakh in the 1st quarter of the fiscal year 2070/71.
