Kathmandu. Life Insurance Corporation Nepal (LIC) is going to issue 88.45 percent rightful shares. The meeting of the board of directors held on the 13th of the insurance company decided to issue rights shares.

It is stated in the notice issued by the company that the company is going to issue rights shares equal to 88.45 percent (2 billion 346 million rupees) of the paid-up capital of 2 billion 65 million 32 million rupees. After the issuance of rights shares, the company's paid-up capital will reach 5 billion rupees.