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IGI Prudential Opens Auction for 80,000 Promoter Shares

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Nepse trading

IGI Prudential Opens Auction for 80,000 Promoter Shares

IGI Prudential Insurance Company has opened the auction of 80,000 promoter shares from Falgun 20. The minimum price per share is set at NPR 211. Interested individuals and institutions can participate, with a minimum application requirement of 80,000 shares. Bids must be submitted to Prabhu Capital, Kamaladi, Kathmandu, by Falgun 27.

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    ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    NEPSE trading

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    9 May, 2025