Prabhu Insurance announced book close date for 46% right issue ; to meet the paid-up requirement thereafter

Prabhu Insurance has announced 14th Jestha, 2075 as the book close date for 46% right issue. Shareholders having the shares at the time of book close will be eligible for the issue. 

The non-life insurance company will issue 31,66,677.63 unit shares at a face value of Rs 100. 

 PRIN has already appointed Prabhu Capital as the issue manager. 

The paid up capital of the company will reach Rs 1 arba after the capitalization of 46% right shares.