Neco Insurance has put 12 lakh units of promoter shares on sale for its existing promoter shareholders at a rate of Rs 100 per share.
Neco Insurance has put 12 lakh units of promoter group shares on sale. The company announced that this opportunity to buy share is currently available only for the existing promoter shareholders of the company.
Price and Deadline of Shares
The price of the shares on sale has been fixed at Rs 100 per share. Interested existing promoter shareholders need to submit their application for buying the shares within 35 days from the date this notice was published.
According to the company, the application form can be submitted at the central office of Neco Insurance located in Gyaneshwor, Kathmandu.
Next Steps if Not Subscribed
If no applications are received from the existing promoter shareholders within the given time, company will open the sale of remaining shares to other general public and institutions.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
