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NIA permits eight insurers to issue right shares to increase their paid-up capital
August 26, 2023 20:32 pm
KATHMANDU, Aug 26: The Nepal Insurance Authority (NIA) has permitted eight insurers to issue right shares after the companies failed to raise their paid-up capital in line with the threshold prescribed by the authority.
Insurers want to issue right shares rather than going for merger to raise capital base
April 26, 2022 19:30 pm
KATHMANDU, April 26: Most of the insurance companies have sought to issue right shares in order to raise their capital base that has been made mandatory by the Insurance Board (IB).
Sebon seeks to increase paid up capital to issue new brokerage licenses
July 25, 2021 19:20 pm
KATHMANDU, July 25: The Securities Board of Nepal (Sebon) has recommended to the Ministry of Finance to fix a paid-up capital requirement of up to Rs 1 billion for new brokerage firms to get a license.
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