The company is closing its book on October 14 for its upcoming 20 percent right shares, thus, the shareholders registered in the book by October 13 will be eligible to apply for the right shares.
Lumbini General Insurance endorses a proposal of issuing 20 percent right shares from the special general meeting (SGM) held on May 8.
Presently, the company has paid-up capital of Rs 880 million which will reach Rs 1.056 billion after the right issue.
