SEBON approves 65% right shares of Nepal Insurance Company; Paid-up capital to reach Rs 1.01 arba
Tue, Jan 29, 2019 7:21 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Securities Board of Nepal (SEBON) has approved the 65% right shares of Nepal Insurance Company Limited (NICL).
The insurance company has received approval to issue 40,14,652 units as right shares for its shareholders.
Global IME Capital Limited has been appointed as the issue manager for the right issuance.
After the adjustment of 65% right shares, the paid-up capital of the insurance company will reach Rs 1.01 arba.
.png)
