Prabhu Insurance Puts 680,000 Promoter Shares Up for Sale
Kathmandu — Prabhu Insurance Company has announced the sale of 680,000 promoter shares held by its founding shareholders.
The company has not disclosed a minimum price for the offering. The shares are currently open only to existing promoter shareholders, who can apply by submitting the required documents within 35 days of the notice published on March 25. Applications must be submitted to the company’s central office in Tinkune, Kathmandu.
If no applications are received within the deadline, the company will proceed to offer the shares to other individuals and institutions in line with prevailing laws.