Sanima GIC Insurance Limited has put 580,000 promoter shares up for sale. These shares were previously owned by some of the company’s founding shareholders.
Earlier, on Bhadra 8, the company had given a 15-day notice for existing promoters to apply for these shares. Since no applications were received, the company has now opened the sale to the general public.
Interested investors can apply by mentioning the number of shares they wish to buy and the price they are willing to pay. Applications must be submitted along with the required documents within seven days of the notice publication. The applications should be submitted at the company’s registered office in Tangal, Kathmandu.
