Shares Listed: Right Shares of Prudential Insurance and Bonus Shares of Shine Resunga

38,49,120 units right shares of Prudential Insurance Company Limited (PICL) and 39,34,356.19 units bonus shares of Shine Resunga Development Bank Limited (SHINE) have been Listed in Nepse.

Prudential Insurance had issued 38,49,120 unit shares for its shareholders at par value of Rs 100. Out of the total units; 37,94,489 unit shares were subscribed by 3,295 eligible applicants. Still, 54,631 units were unsubscribed which was 1.42% of the total issue. The unsold shares were auctioned later on.

Meanwhile, Shine Resunga Development Bank had proposed 15% bonus shares to its shareholders from the profit of FY 2075/76. From the paid-up capital of Rs. 2.62 Arba, the bank had distributed 15% bonus shares worth Rs 39.34 crores.