Promoter Shares of United Insurance Company (Nepal) Converted; What is the New Shareholding Ratio?
Thu, May 13, 2021 12:48 PM on Latest,
9,25,343.91 units promoter shares of United Insurance Company (Nepal) Limited are now converted to ordinary shares.
With this, the new promoter and public shareholding ratio is now 51: 49. This is the maximum limit of promoter share conversion that can be done for a company listed on the exchange.
As of writing, ordinary shares of UIC have an LTP of Rs. 690.
