Last Chance Alert! Rights Shares Deadline Approaching for Nepal Insurance Company and People’s Power Limited!
Are you a stock market enthusiast looking to bolster your investment portfolio? Don’t miss out! The deadline to apply for rights shares from two prominent companies – Nepal Insurance Company Limited and People’s Power Limited – is fast approaching! Tomorrow is the final day to secure these valuable rights shares.
Let’s dive into the details of these exciting investment opportunities.
Nepal Insurance Company Limited: Your Chance to Grab 34.783% Rights Shares
Nepal Insurance initiated its rights share issuance on July 21st, offering a substantial 34.783% rights issue. The company is providing a total of 6,576,967.76 shares, each priced at NPR 100. The book close date for this rights offering was May 13th, meaning shareholders registered by May 12th are eligible to participate.
How can you apply? You can easily apply through various channels:
- Branches of NIMB Ace Capital
- Branches of all C-ASBA member banks and financial institutions
- Through Mero Share.
This is a great opportunity to diversify your financial assets! Don’t wait until the last minute; submit your rights share application today! Stay informed and keep updated on all the latest stock market news for the best investment strategies.
People’s Power Limited: Apply Now!
People’s Power Limited also has a closing date for its rights share issuance. Offering a ratio of 1:0.5 (5 shares for every 10 held), the company is issuing a total of 3,163,000 shares at NPR 100 each. The book close date was June 16th, meaning that shareholders registered by May 17th are eligible to apply. Due to a lack of applications, the deadline has been extended.
You can conveniently apply for the People’s Power Limited rights shares through:
- Branches of all C-ASBA member banks and financial institutions approved by the Nepal Securities Board.
- The Mero Share online system.
This is your chance to participate in a promising investment! This is a great opportunity to gain some capital appreciation!
Important Reminders for Investors
Rights shares provide a unique opportunity for existing shareholders to increase their holdings in a company at a typically discounted price. They allow you to maintain your ownership percentage or even increase it.
Investment in the stock market is subject to market risks, so it’s crucial to conduct thorough due diligence and understand the company’s fundamentals. Research the company’s financial performance and future prospects before making your investment decisions. Always consult with a financial advisor if needed.
Remember, the deadline is fast approaching. Don’t miss this opportunity to add potentially lucrative rights shares from Nepal Insurance Company and People’s Power Limited to your portfolio. Act now, and make the most of these capital market opportunities! Consider this your final reminder!
