SuryaJyoti Life Insurance Company Limited is Auctioning 3,20,000 Promoter Shares From Today
The existing promoters of SuryaJyoti Life Insurance Company Limited (SJLIC) are selling 3,20,000 units of promoter shares in an auction to the general public from 10th Ashad to 18th Ashad, 2083.
The existing promoters, the general public, and institutions are all eligible to bid for the auction. Rs. 165 is the minimum bid rate for the auction.
The minimum bid quantity for the shares is 100,000 units. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
NIC Asia Capital Limited has been appointed as the auction manager.
