Sun Nepal Life to sell rights from tomorrow, how long will you be able to buy shares?

The company had closed the book for the purpose of issuing the right shares on April 15. According to this, the shareholders who have been traded in NEPSE till April 15 can apply for the right shares.

Care Ratings Nepal has given Care NP Triple B Issuer rating to the insurance company. This indicates that the ability to handle financial obligations on time is of an average level. Applications can be made for the right shares till May 30.

Nepal SBI Merchant Banking Limited is the issue manager of the insurance company. Shareholders can apply from the sales manager as well as the central and regional offices of Sun Nepal Life Insurance. Similarly, banks and financial institutions participating in the ASWA service can also apply through the CASWA system after obtaining permission from the Securities Board of Nepal.