Life Insurance Corporation (Nepal) Limited Distributes Auction Shares

February 28th, 2025

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has started the distribution of shares from its auction from yesterday (Feburary 27), which was open for sale from Feburary 3 to February 17. The allotment of shares was made at the cut-off price of Rs 1,022.

The company has also announced that applicants who were not allocated shares will receive refunds through IPS (Integrated Payment System) starting from Monday, March 3.

Nepal SBI Merchant Banking Limited is the sales manager for this share auction.

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