Nepal Insurance Extends Right Share Application Deadline

August 11th, 2025

Kathmandu — Nepal Insurance Company Limited has extended the application deadline for its ongoing right share issuance until Bhadra 2 (August 18). The issuance offers a total of 6,576,967.76 units of right shares at a face value of Rs 100 per share, in a ratio of 10:34.783.

The company had earlier received approval from the Nepal Securities Board for the issuance. The book closure for the right shares took place on Jestha 30 (June 13), meaning only shareholders who purchased the company’s shares on the Nepal Stock Exchange (NEPSE) by Jestha 29 (June 12) are eligible to apply.

Applications can be submitted through the central office of NIMB Ace Capital Limited in Lazimpat, the issue’s sales manager, as well as its branch offices in Chipledhunga (Pokhara), Traffic Chowk (Butwal), Adarsh Nagar (Birgunj), and Golchha Chowk (Biratnagar). Additionally, eligible shareholders can apply through all C-ASBA member banks and financial institutions approved by the Nepal Securities Board, their designated branches, or online via Mero Share.

Nepal Insurance stated that the issuance aims to meet the paid-up capital requirement set by the Insurance Authority. The company’s current paid-up capital stands at Rs 1.89 billion. After the right share allocation, this figure is expected to increase to Rs 2.5 billion.

Your Comment

Your email address will not be published. Required fields are marked *


*