CAPITAL PLAN
In order to comply the directives received from Beema Samiti (Insurance Board) to the General Insurance Companies in Nepal to maintain minimum paid up capital Rs. One billion by the end of Fiscal Year 2074/75 (2017/18), we have decided following capital plan:
Particulars | F.Y.2073/74 | F.Y.2074/75 | |
Amount (Rs.) | Amount (Rs.) | ||
Authorized Capital |
– |
2,000,000,000 |
|
Paid up capital | 101,250,000 | 133,650,000 | |
Bonus share | 20,250,000 | – | |
Right Share (1:1.5) (promoter) | – |
140,332,500 |
|
Right Share (1:3)(promoter & public) |
– |
821,947,500 | |
Total Capital | 121,500,000 |
1,095,930,000 |