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As per the notice published in Nepse today, the Special General Meeting (SGM) which is going to be held on Ashwin 7, 2073 will endorse 1:2.2 (220%) right share to its shareholders.
The insurance company has earned net profit of Rs 12.79 crore in the fourth quarter of the last fiscal year 2072/73. It’s paid up capital remains at Rs 32.10 crore. After the issuance of 220% right share, its paid up capital will reach to Rs 1.02 arba.
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