26,960 shares of Prabhu Mahalaxmi Life is in Sale; Who can apply for the application?

Kathmandu: Prabhu Mahalaxmi Life Insurance has put founder shares on sale. The bank has provided 26,960 shares to the founder group for sale.

Devi Prakash Bhattachan, the founder shareholder of the company, has applied for the sale of 5,000 shares and Rupak Kumar Malla has applied for 21,960 shares. The existing founder shareholders who wish to purchase the said shares can collect the necessary documents and submit the application to the company’s central office in Kamaladi Kathmandu within 35 days from the date of publication of the notice (23rd of January, 2024 A.D).

If no application is submitted for the purchase of shares within the specified period, the company will proceed with the sale process to other individuals and organizations according to the prevailing law.