147th BOD Meeting of Surya Life Insurance Company Ltd (SLICL) has
proposed issuance of Rights Shares in the proportion of 4:1 to their
Shareholder. This right share offer is subject to the approval from its
upcoming 7th Annual Genaral Meeting ,which is going to be held on Ashwin
22,2072. The AGM is for fiscal year 2070/71.
The company has a
paid up capital of Rs 50 crore whereas after the issuance of 4:1 ratio
right shares, its paid up capital will stand at Rs 62.5 crore.
SLICL has posted net profit of Rs 1.70 crore in its 4th quarter of the last fiscal year.
Its last trading price stands at Rs 750 as on September 10, 2015.-SSN
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