Four founder shareholders of SuryaJyoti Life Insurance Company Limited have placed a total of 11,25,344 founder shares for sale. Of these, Bodh Prasad Tripathi is selling 5,25,000 shares, Nand Kishor Sharma 3,20,241 shares, Gaurav Sharda 2,72,844 shares, and Dinesh Prasad Shrestha 7,286 shares, according to the company.
As per the Insurance Founder Share Trading Directive, 2077, these founder shares can currently only be purchased by existing founder shareholders of SuryaJyoti Life Insurance. Interested shareholders must submit a sealed bid within the next 35 days, specifying the number of shares they wish to purchase and their proposed price.
Bids must be submitted to NIC Asia Capital Limited, Thapathali, Kathmandu, within the stipulated timeframe. If no bids are received from existing founder shareholders during this period, the company will proceed to sell the shares to other eligible individuals or institutions in accordance with applicable regulations.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
