Kathmandu. Today is the last day to apply for the right shares issued by Asian Life Insurance Company. You can apply till office today.

The company has been issuing right shares since July 15. Currently, those holding units of shares in the company can apply for right shares in the ratio of 4.2 units. The company has issued 14,279,312.48 units of right shares worth Rs 1.42 billion at the rate of Rs 100 per share.

The company has closed the book on May 15. The shareholders who have remained in office till June 15 will be able to apply for the right shares. Muktinath Capital is the sales manager. Muktinath Bikas Bank’s Biratnagar, Janakpur, Birtamod, Narayangadh, Pokhara-Chipledhunga, Surkhet, Dhangadhi, Mahendranagar, Nepalgunj and Butwal branches can apply for the right shares.

Similarly, applications can be made through banks and financial institutions that have taken members from the Securities Board and my shares. At present, the paid-up capital of the company stands at Rs 3.39 billion. After the issue of rights, it will reach Rs 4.82 billion.