Last Day to apply for rights shares of two companies

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Rabindra Bhattrai
Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial...
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Today (Shrawan 26) is the final day to apply for rights shares of Nepal Insurance Company Limited and Peoples Power Limited.

Nepal Insurance Company right shares

  • Issuance started: Shrawan 6
  • Rights ratio: 34.783% of existing shares
  • Total shares: 6,576,967.76 shares
  • Price per share: Rs. 100
  • Book closure: Jestha 30 (only shareholders listed until Jestha 29 are eligible)
  • How to apply:

Peoples Power Limited right shares

  • Issuance started: Ashadh 22 (extended due to low applications)
  • Rights ratio: 1:0.5 (10 existing shares = 5 new shares)
  • Total shares: 3,163,000 shares
  • Price per share: Rs. 100
  • Book closure: Ashadh 2 (only shareholders listed until Ashadh 1 are eligible)
  • How to apply:
    • All C-ASBA member banks/financial institutions approved by SEBON
    • Mero Share online system
CompanyRights RatioTotal SharesPrice (Rs.)Book Closure DateEligible Shareholders Till
Nepal Insurance Co. Ltd.34.783%6,576,967.76100Jestha 30Jestha 29
Peoples Power Ltd.1:0.53,163,000100Ashadh 2Ashadh 1
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Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial management.
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