Sanima GIC Insurance: Opportunity for Shareholders to Buy Promoter Shares!
Are you a shareholder of Sanima GIC Insurance Ltd.? Hereβs an important update for you! The company has announced the sale of 580,000 promoter shares, and this is your chance to potentially increase your stake!
As per the current legal framework, existing promoter shareholders have the first right to purchase these shares. Sanima GIC Insurance initially issued a public notice on Asar 30, 2082 (according to the Nepali calendar), inviting existing promoter shareholders to express their interest in buying the promoter shares. However, no applications were received within the specified timeframe. Therefore, the company is providing another opportunity to its existing promoter shareholders.
This is a fantastic opportunity for investors interested in insurance stocks! If you are a current promoter shareholder and wish to acquire these shares, you need to submit your application within the next 15 days. The application should include all necessary documents and clearly state the desired price at which you wish to purchase the shares. You must submit this application to the Sanima GIC Insurance head office.
Donβt miss this chance to potentially increase your investment!
Itβs crucial for all interested promoter shareholders to act swiftly. If no applications are received from current promoter shareholders within the 15-day timeframe, the company will proceed with selling these promoter shares to other eligible, non-promoter investors, as per prevailing regulations. This includes providing opportunities for secondary market participation.
This announcement is a significant development for those tracking insurance companies in Nepal. Investing in Sanima GIC Insurance could be a strategic move for your portfolio. This is a great chance to be involved in stock market growth.
Stay informed and take advantage of this opportunity. Act now to secure your chance to purchase these valuable promoter shares! Keep an eye on equity markets for further updates and financial news related to Sanima GIC Insurance and the wider Nepalese stock market.

