Kathmandu. More than 250,000 shares of United Ajod Insurance have been put up for sale.
256,310 shares of the company’s founding group have been put up for sale. Of which, 99,411 shares and 49,705 shares belong to founding shareholders Sandeep Khaitan and Julie Chachan, 82,592 shares belong to Mahendra Kumar Goyal, and 24,602 shares belong to Jyoti Kumari Saraogi.
The minimum price of the shares put up for sale is Rs 180 per share for Khaitan and Chachan, Rs 163.90 for Goyal, and Rs 163.50 for Saraogi. Interested investors can submit a purchase application by bidding at or above the minimum price.
These shares were previously open for sale to the founding shareholders of the company. However, after receiving applications for purchase from the founding shareholders, the sale has now been opened to other individuals and institutions.
Interested investors must submit a purchase application within 15 days. The application can be submitted to the company’s head office located at CTC Mall, Sundhara, Kathmandu.
