LIC Nepal Reached to The Securities Board to Issue It’s Rights Shares
Kathmandu : LIC Nepal has applied to the Nepal Securities Board for permission to issue rights shares.
The company has submitted an application in SEBON for the issuance of 23 million 468 thousand right shares equal to 2 billion 346 million 800 thousand rupees, which will be 88.48 percent of the fixed paid-up capital of 2 billion 653 million 200 thousand rupees, i.e. 1:0.88 ratio.