Sanima Reliance Life Puts 1.34 Million Promoter Shares Up for Sale

Kathmandu – Sanima Reliance Life Insurance Limited has announced the sale of 1,347,588 units of its promoter shares.
According to the company, the shares have been made available for purchase by the general public, existing promoter shareholders, as well as institutions. Interested buyers must submit their applications at the company’s central office in Naxal, Kathmandu, by Bhadra 19 (September 4).
Sanima Reliance Life clarified that priority will be given to its existing promoter shareholders during the sale process. Any remaining shares after that will be made available to other eligible buyers.