Sun Nepal Life Insurance Company Limited has started auction sales of 224,506 unsubscribed rights shares from Asar 23, allowing investors to apply until Saun 30.
Sun Nepal Life Insurance Company Limited has put 224,506 unsubscribed rights shares up for auction starting today, Asar 23.
Out of the total shares, 80,222 shares from the founder group and 4,049 shares from the general public group are under lock-in until Bhadra 14 of the next year. The remaining 140,457 shares from the general public group are not subject to lock-in.
These shares will be sold at a minimum price of Rs. 100 per share, and any interested party can apply. The minimum application size is 100 shares for the general public group and 1,000 shares for the founder group. Applicants can apply for up to the total number of available shares in their respective groups.
The last date for application submission is set for Saun 30. Application forms are available at Nepal SBI Merchant Banking’s Thamel office, Sun Nepal Life’s Putalisadak office, and the company’s branches in Biratnagar, Birgunj, Pokhara, Butwal, Nepalgunj, Surkhet, and Dhangadhi.
Nepal SBI Merchant Banking Limited is managing the sale of this auction.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
