Surya life to distribute 4:1 right shares, paid up capital to increase Rs. 62.5 million

Kathmandu October 14- AGM of Surya Life Insurance approved to distribute 4:1 right shares to its shareholders.

After distribution of right shares, paid up capital of surya life will increase up to 62.5 million. Likewise, AGM has decided to increase authorized capital to Rs. 2 billlion from Rs. 500 million. The meeting has also elected Mr. Binod Kumar Pyakurel representative of Prudential Capital Management in director.