Sanima Reliance Life Insurance Puts 1.5 Million Founder Shares Up for Sale
Kathmandu – Sanima Reliance Life Insurance Limited has announced the sale of 1.56 million founder shares, offering existing founder shareholders the first right to purchase them.
The company has stated that interested founder shareholders must submit their applications at the central office in Naxal, Kathmandu, within 35 days, by March 27. This exclusive offer is currently limited to existing founder shareholders.
However, if there are not enough applications from the founders within the given timeframe, the company has indicated that the unsold shares will be made available to the general public.