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Government to Invest Additional Rights Shares in Nepal Reinsurance Company
The Cabinet has approved additional rights share investment by the Government of Nepal in Nepal Reinsurance Company Limited. The decision, made at Tuesday's meeting, is expected to help strengthen the company's capital structure.
November 4, 20261 min read4 views
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The government has approved additional rights share investment in Nepal Reinsurance Company Limited. The Cabinet meeting held on Tuesday decided to invest additional rights shares of the Government of Nepal in the company.
This decision is expected to contribute to expanding the reinsurance company's capital base and enhancing its financial capacity. The government's move will also ensure the government's ownership stake in the company's share structure.