Kathmandu. Prabhu Mahalaxmi Life Insurance Limited is going to sell its promoter shares. The three promoter shareholders of the company had applied for the sale of 3,28,194 units of promoter shares.
The company has issued 2,35,128 units of shares to promoter shareholders Bodh Prasad Tripathi, 61,478 units to Binu Shrestha and 31,588 units to Binay Regmi.
As the promoter shares have to be given first priority to the existing promoter shareholders of the company, only the existing shareholders can buy these shares.
The promoter shareholders should apply to the company’s central office at Kamaladi, Kathmandu within 35 days from the date of publication of notice. The company will issue the shares to the general public if there is no application for the purchase of shares from the promoter shareholders within the stipulated time.
