Reminder! Last Trading Day to Secure Sun Nepal Life Insurance Company's Right Share
Thu, Apr 17, 2025 9:04 AM on Dividend, Bonus & Rights, Book Closure, Latest,
Today is the last trading day in NEPSE to be eligible to get the right shares of Sun Nepal Life Insurance Company Limited (SNLI).
The company will issue 27% right shares worth Rs. 1.06 Arba through the issue of 10,696,320 (1: 0.27) units of right shares to its existing shareholders. The current paid-up capital is Rs. 3.96 Arba. After adjusting the proposed right share, i.e., 10,696,320 units, the company's paid-up capital will increase to Rs. 5.03 Arba.
Nepal SBI Merchant Banking Limited is appointed as the issue manager.
The book closure date is 5th Baishakh, 2082. Thus, investors maintained before that day can apply for the shares.
