Sanima GIC Insurance Issues Notice for Promoter Share Purchase Opportunity

Sanima GIC Insurance Limited has published an official notice inviting its existing promoter shareholders to purchase 3,824 promoter shares being offered for sale by one of its current promoters.

According to the notice, the company has received an application from a promoter shareholder expressing the intent to sell 3,824 promoter shares, and the Board of Directors has approved moving forward with the sale process in accordance with the rules of the Nepal Insurance Authority.

As per the regulatory provision, priority will be given to existing promoter shareholders who wish to purchase these shares. Interested promoters are required to submit their purchase applications within 35 days from the date of this notice publication, along with the necessary documents, to the company’s head office in Tangal, Kathmandu.

Applicants must clearly mention the number of shares they wish to purchase and the offered price (rate) in their application. If no applications are received from existing promoter shareholders within the stipulated time frame, the company will initiate the process of selling the shares to eligible non-promoters as per prevailing laws.

• Company: Sanima GIC Insurance Limited

• Shares for Sale: 3,824 promoter shares

• Eligibility: Existing promoter shareholders (priority basis)

• Application Deadline: Within 35 days from the publication date (Ashoj 26, 2082 | October 12, 2025)

• Submission Location: Sanima GIC Insurance Ltd., Head Office, Tangal, Kathmandu

• Contact Information:

  • Phone: 01-4527170 / 71 / 72, 01-4527101

  • Email: [email protected]

  • Website: www.sgic.com.np