100% right shares of Gurans Life from April 2

Mar Sun 2020 05:32:18

100% right shares of Gurans Life from April 2

Gurans Life Insurance (GLICL) is set to issue 100 percent right shares from April 2. The company is issuing  9,385,200 units of right shares at a price of Rs 100 to its existing shareholders at a ratio of 1:1.

In this regard, the company closed its book on March 5, thus, the shareholders registered in its book till March 4 are eligible to apply for the right issue.

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