Shikhar Inusrance calls application for 30 percent Right share

Kathmandu: Shikhar Insurance Company Limited has published notice for the right share issue. The company is issuing right shares at the ratio of 1:0.3. The company has announced to issue 52 lakh 75 thousand 572 right shares at the face value of Rs.100.

ICRA Nepal has given ICR NP Issuer Rating A to Shikhar Insurance. This indicates that they are safe enough to meet their financial obligations. Applications can be submitted from all branch offices of NIBL ACE Capital and Shikhar Insurance.

In addition, application can be submitted at banks and financial institutions licensed by the Securities and Exchange Board of Nepal (SEBON) for ASBA and Meroshare application software of CDS and Clearing House Limited

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