Right Shares of NLG Insurance Company Allotted to Applicants on Magh 6
Tue, Jan 21, 2025 8:46 AM on Latest, Dividend, Bonus & Rights,
NLG Insurance Company Limited (NLG) has allotted its 10:6.256 ratio right shares on the 6th Magh, 2081.
The company has allotted the shares to applicants and the non-allotted applicants will receive their money from 9th Magh, 2081.
9,631,220.22 units of right shares were issued from 11th Mangsir to 16th Poush, 2081. The insurance company declared the book closure date for its rights offering on 27th Kartik, 2081. Thus, investors maintained that they could apply for the shares before that day.
A total of 93,10,687 shares have been allotted to the valid applicants. Thus, 3,20,533.22 (3.32%) shares were unclaimed by eligible investors. This remaining quantity of shares will be auctioned soon to the general public and institutions.