Nepal Insurance Obtains Right Share Approval

May 22, 2025 10:32 AM Merolagani



Nepal Insurance has obtained approval from Securities Board of Nepal (SEBON) to issue right shares.

The board approved 40 percent right shares of the company.

The company has paid-up capital of Rs 1.89 billion; thus, it will issue 40 percent i.e. 6,576,937 units shares with a face value of Rs 100 to its existing shareholders.

According to directives of Nepal Insurance Authority, non-life insurance companies are required to meet the minimum paid-up capital of Rs 2.50 billion. After the right issue, the paid-up capital of the company will reach Rs 2.54 billion.




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