Kathmandu. About 523,112 units of Nepal Life Insurance Company shares have been put up for sale.
523,112 units of Nepal Life’s promoter shares, owned by founding shareholder Prudential Capital Management Company, have been put up for sale. Currently, only existing promoter shareholders of Nepal Life can apply for these shares.
The deadline for applying for share purchase has been set at 35 days. Interested existing founding shareholders must apply to Nepal Life’s central office in Kamaladi, Kathmandu within this period.
The company has stated that if no applications are received for the purchase of shares from founding shareholders, the sale of shares will be opened to other individuals and organizations.
