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A total of 2,34,68,000 units of right shares for Life Insurance Corporation (Nepal) Limited (LICN) have been registered on NEPSE.
The business offered 88.45168% of right shares, amounting to 2,34,68,000 (1: 0.8845168) units, exclusively to its current shareholders from 12th Mangsir to 17th Poush. Initially, the paid-up capital stood at Rs. 2.65 Arba. After factoring in the newly proposed right shares of 2,34,68,000, the company’s paid-up capital has grown to Rs. 5 Arba. These right shares are now officially recorded in NEPSE.
As of this update, LICN’s Last Traded Price (LTP) is Rs. 1,091.
