Last Day to Apply for Asian Life Insurance's 42% Rights Shares

Today, Wednesday (Jestha 14), is the final day for existing shareholders to apply for Asian Life Insurance’s 42% rights shares. The company has scheduled its book closure date for Jestha 16. Since tomorrow (Jestha 15) is a public holiday due to Republic Day, stock trading will remain closed.

The company is issuing a total of 1,42,79,312.48 rights shares at a face value of NPR 100 per share, amounting to over NPR 1.42 billion. After the rights issue, the paid-up capital of Asian Life Insurance will exceed NPR 4.82 billion.