Prabhu Mahalaxmi Life Insurance has opened the sale of 1,356,600 promoter shares to the general public after existing promoter shareholders did not apply for them.
Prabhu Mahalaxmi Life Insurance has made available 1,356,600 promoter shares for sale to the general public.
Earlier, on Baisakh 15, the company had issued a 35-day notice, offering these shares to its existing promoter shareholders. However, as no applications for purchase was received from them within the specified period, the company has now opened the sale of these remaining shares to the general public.
Interested members of the general public can submit applications to buy these shares, along with necessary documents, within seven days from the date the notice was published.
Applications needs to be submitted at the central office of Prabhu Mahalaxmi Life Insurance, located in Kamaladi, Kathmandu.
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