Last day to secure right share of IME General Insurance

Feb 10, 2022 12:20 PM Merolagani

Today is the last day to secure right shares of IME General Insurance Company (IGI).

The company is closing its book on February 13, thus, the shareholders registered in its book till today, February 10 (last trading day before book close) can apply for the right shares.

The company is issuing 4,630,344 units of share worth Rs 463 million at a ratio of 1:0.4.

The company has appointed Global IME Capital as its Issue Manager.

The company has a paid-up capital of Rs 1.15 billion. After the right issue, the paid-up capital will reach Rs 1.62 billion.

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