IME General Insurance has set a book closing date for the issue of rights shares.
Insurance is going to issue right shares in the ratio of 10: 4.
The company had received permission from the Nepal Securities Board (NSB) only a few days ago for the issue of right shares.
The company is going to close the book on phagun 1 for the Right Share. Accordingly, existing shareholders who have traded in Nepse till Magh 29 will be able to apply for the right shares of insurance.
The 23rd General Meeting of IME General Insurance held on Baishakh 12 2078 passed a resolution to issue right shares in the ratio of 10: 4.