Right Alert! Issue of 100:10 Right Shares of United Ajod Insurance Limited Opening from Today

United Ajod Insurance Limited (UAIL) is opening the issuance of its 10% rights shares from today, i.e., on 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.