Monday, November 11, 2013

Guras Life Insurance issuing rights shares @ 10:3.04 ratio

Guras Life Insurance Company Limited is issuing 11.66 lakh unit rights shares at 10:3.04 ratio.

The closing date of rights issue is on December 5, and the issue manager is NMB Capital Limited, Babar Mahal.
The company has further stated that its paid-up capital, which stands at Rs 38.34 crore will rise to Rs 50 crore after the rights shares are issued.

Gurans Life Insurance Company Limited had posted net profit of Rs.2.165 crore in the last fiscal year of 2069/70.
-sharesansar

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