Prabhu Mahalaxmi Life Insurance Company Limited has announced that it is selling 100,000 promoter shares owned by its existing founders.
The sale started today, but only the current promoter shareholders of the company are allowed to apply for the purchase. Interested promoters must submit their applications within 35 days from the date of this notice.
To apply, existing promoters need to visit the company’s central office located in Kamaladi, Kathmandu.
If no applications are received within the given time, the company said the shares will then be opened for sale to other individuals or companies.
