Prabhu Mahalakshmi Life Insurance 30 thousand 120 share sale

Prabhu Mahalaxmi Life Insurance has announced the sale of 30,120 promoter shares currently held by its founder shareholders. These shares are available for purchase by the company's existing promoter shareholders, as well as any other interested individuals or entities. To participate in the purchase, interested parties must submit their applications to the company's central office in Kamaladi, Kathmandu, within seven days starting from today (June 6).

Applicants must specify the number of shares they wish to purchase in their application. The application form can be obtained from the company’s office or through their online platform. If existing promoter shareholders or other applicants fail to submit their applications within the stipulated timeframe, the remaining shares will be offered to other interested parties.

The funds raised from this share sale will be used to finance various projects and expand the company's business operations, thereby strengthening the company's financial stability.