Offer Letter Published for United Ajod Insurance Limited; Right Shares Issue Opens from Chaitra 26
Thu, Mar 19, 2026 10:15 AM on Dividend, Bonus & Rights, Book Closure, Highlight News,
United Ajod Insurance Limited (UAIL) has published an offer letter for the issuance of its 10% rights shares.
According to the offer letter made public by the company, it is set to open applications for its right shares in the ratio of 100:10 or 10% from 26th Chaitra, 2082, to 16th Baisakh, 2083.
The company will issue 10% right shares worth Rs. 23.10 crores, with 23.1 lakh (1:0.10) units of right shares to its existing shareholders.
The company's paid-up capital is Rs. 2.10 Arba. After the adjustment of the proposed right share, i.e., 23.1 lakh units, the company's paid-up capital will increase to Rs. 2.33 arba.
Laxmi Sunrise Capital Limited is appointed as the issue manager.
The book closure date is 17th Falgun, 2082. Thus, investors who held shares before that day can apply for them.
