Sanima Reliance Life Insurance Puts Promoter Shares Up for Sale
Kathmandu — Sanima Reliance Life Insurance Limited has announced the sale of 177,875 units of promoter shares, exclusively for the company’s existing promoter shareholders.
According to the company, interested promoter shareholders must submit their applications to the central office in Naxal by 11th Jestha (May 25). The shares will be allocated based on applications received within this deadline.
The company further stated that if the promoter shareholders do not submit sufficient applications within the specified time, it will initiate the process to sell the remaining shares to the general public.