Shikhar Insurance re-issues 30% right shares

Khabarhub

June 28, 2020

< 1 MIN READ

Shikhar Insurance re-issues 30% right shares

Shikhar Insurance Company re-issues 30% right shares. (Image for Representation)

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KATHMANDU: Shikhar Insurance Company has started re-issuing 30% right shares from June 28 till July 19.

The company is issuing a total of 31.71 lakh units of right shares for its shareholders at par of Rs 100 per share.

The company had earlier proposed to issue 30 percent right shares from March 26 to April 15.

However, it was halted owing to the lockdown to stem the spread of COVID 19 pandemic.

The NIBL Ace Capital has been appointed as the issue manager of the right issuance.

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