3 days remaining to apply for 50% right issue of Asian Life Insurance

The 50% right issue of Asian Life Insurance is closing on 2nd Baisakh, 2075. 

The right issue of this company commenced from 13th Falgun and was scheduled to close on 18th Chaitra. However, the deadline was extended to 2nd Baisakh, 2075. 

Shareholders having the shares at the time of bookclose are eligible to apply for right share. The shareholders book closed on 7th Magh 2074. 

Check your elibility here : https://www.niblcapital.com/capital/kittacopy.php

NIBL ACE Capital is the issue manager for the right issue. 

Asian life Insurance is issuing 40,27,966.20 unit right shares at a face value of Rs 100. The company currently has a paid-up capital of Rs  80.55 crores which will hike to Rs 1.3 arba after the adjustment of 12% bonus and ongoing right issue.