Shikhar Insurance closing 2:1 right shares from today
Sun, May 18, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, May 18:
Shikhar Insurance Company Limited is closing the issuance of 2:1 right shares, which it announced during its last Annual General Meeting for the fiscal year 2068/69, from today.
The insurer has floated the right shares of the face value of Rs 100 on April 13.
It may be noted that the company had announced book closure the right shares from April 2.
Those who hold the shares of the company up to April 1 will be entitled to the right shares, according to a notice issued by Shikhar Insurnace today.
NIBL Capital Markets Limited at Lazimpat is the issue manager.
