Sanima GIC Insurance Puts 580,000 Promoter Shares Up for Sale

Kathmandu — Sanima GIC Insurance Limited has announced the sale of 580,000 units of promoter shares owned by its promoter shareholders.

The company informed that the shares are now open for purchase by both individuals and institutions. Earlier, on Bhadra 8 (August 24), Sanima GIC had issued a 15-day notice inviting applications from its existing promoter shareholders. As no applications were received during that period, the company has moved forward to offer the shares to the general public.

Interested investors are required to submit their applications at the company’s registered office within seven days of the notice’s publication. Applications must clearly mention the proposed price, the number of shares to be purchased, and include all necessary supporting documents.