NIC Asia to Sell 801,476 Promoter Shares in Surya Jyoti Life Insurance

NIC Asia Bank has put up for sale 801,476 promoter shares it owns in Surya Jyoti Life Insurance.

Key Points of the Share Sale:

• Number of Shares: 801,476 shares.

• Minimum Price: NPR 208 per share.

• Eligible Buyers: Currently, only the promoter shareholders of Surya Jyoti Life Insurance.

Purchase Process:

• Interested promoter shareholders must submit a sealed bid to NIC Asia Capital Limited, Trade Tower, Thapathali, Kathmandu, within 35 days from today.

• The sealed bid must specify the number of shares and the price they wish to purchase.

According to this process, interested shareholders have 35 days to submit their proposals.