Kathmandu. More than 1.1 million units of shares of Neco Insurance have been put on sale.
A total of 1,109,769.11 units of shares of the company’s founding group have been put on sale. The minimum price of the shares has been kept at Rs 100 per share.
At present, the shares are open for sale to the company’s existing founding shareholders. Existing founder shareholders will have to apply for share purchase within 35 days. The application has to be submitted to the company’s central office in Dnyaneshwar, Kathmandu.
If there is no application for the purchase of shares from the founding shareholders within the stipulated period, the sale will be opened to other individuals and organizations.
