Kathmandu. Today is the last day to apply for the right shares of Nepal Insurance Company. Those who want to apply for right shares can apply only till office hours today.

Today is the last day to apply for the right shares issued by the company since July 15. The company has issued 34.78 percent of its paid-up capital.

At present, the shareholders who have 10 units of shares have issued the right shares in the ratio of 3.47 units. The company has issued 6,576,967.76 units of right shares worth Rs 657.696 million at the rate of Rs 100 per share.

The company, which issued the right shares, has closed the book on June 15. The shareholders who have remained in office till June 15 can apply for the right shares.

NIMB Ace Capital is the sales manager of the insurance company.

Applicants can apply through the sales manager as well as the banks and financial institutions that are members of the Securities Board of Nepal and my shares.

At present, the paid-up capital of the company stands at Rs 1.89 billion. After the issue of right shares, the paid-up capital of the company will reach Rs 2.54 billion.