United Ajod Insurance Limited has completed the allotment of its rights shares issued to existing shareholders.

The company had issued the rights offering from March 9 to April 13, 2026, and completed the allotment process on May 31, 2026.

The insurer had issued 2.31 million rights shares at a ratio of 10 percent (10:100) to shareholders holding shares as of February 29, 2026, at a face value of Rs. 100 per share.

According to Laxmi Sunrise Capital Limited, the issue and sales manager, a total of 2.239 million shares were allotted to eligible applicants who submitted valid applications.

However, 70,480 shares remained unsubscribed after the allotment process. The company has stated that these unallocated shares will now be sold through an auction process to the general public and interested investors.