Prudential Insurance Company Limited (PICL) will be issuing 1:0.30 (30%) right offer to its investors from Poush 16, 2074.

According to see distributed by the insurance agency today, the rights issue will stay open for 35 days before shutting on Magh 21, 2074.

The book conclusion date for the rights issue was determined to Mangsir 15, 2074. Just those offers enrolled one exchanging day in front of the book conclusion date i.e. till Mangsir 14, 2074 are qualified to apply for the correct offers.

PICL will be issuing 12,83,040 units right offers at a standard estimation of Rs 100 for every unit. NIC Asia Capital Limited is the issue supervisor for this correct issue.

PICL’s present paid up capital stays at Rs 42.76 crore. After issuance of this 30% right offer, its paid up capital will achieve Rs 55.59 crore. It has approved capital of Rs 1 arba

Intrigued candidates can gather application frames from NIC Asia Capital Limited, Babarmahal, Kathmandu and from assigned branches of NIC Asia Bank and Prudential Insurance.

PICL had earned Rs 10.15 crore in the second from last quarter of the monetary year 2073/74.

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