Prudential Insurance SGM on Ashadh 10; to endorse agenda of 60% right share; paid up capital to reach Rs 1.02 arba


Prudential Insurance Company Limited (PICL) will be convening its Special General Meeting (SGM) on Ashadh 10, 2076 to endorse the agendas to issue  10:6 (60%) right share to its shareholders.

The meeting will also endorse the agenda to increase authorized, issued and paid up capital of the company in MOA and AOA.

The existing capital of Prudential Insurance is Rs 64.15 crore and after the issuance of 60% right share capital will increased to Rs 102.64 crore.

The book closure for special general meeting is on Ashadh 2, 2076. The company is yet to call its AGM of FY 2074/75.