38,00,000 Promoter Shares of Sanima GIC Insurance Converted into Public Shares

Fri, May 12, 2023 7:45 AM on Latest,

38,00,000 units of promoter shares of Sanima GIC Insurance Limited (SGIC) have been converted into public shares making the promoter-to-public shares ratio of the company 51:49.

Currently, the company has 20,000,000 unit shares listed in NEPSE. Likewise, the shareholding structure consisted of promotors (70%) and the public (30%) has been converted to 51% Promoter shares and 49% Public shares.

As of writing, SGIC has an LTP of Rs. 434.2.