SEBON adds 65% right shares of Nepal Insurance Company; Paid-up capital to reach Rs 1.01 arba after adjustment

65% right shares of Nepal Insurance Company Limited has been added in Securities Board of Nepal (SEBON’s) pipeline for approval.

The non-life insurance company will be issuing 40,14,651.58 unit right shares at par value of Rs 100.

For the issuance of the right shares, Global IME Capital has been appointed as the issue manager.

After the adjustment of 65% right shares, the paid-up capital of the insurance company will reach Rs 1.01 arba.