Sanima Reliance Life Share Sale Announcement

15th January 2026, Kathmandu

The Sanima Reliance Life share sale has been officially announced, bringing important information for promoter shareholders of Sanima Reliance Life Insurance Limited. The company has placed 242,648 units of founder shares up for sale in early 2026, in line with prevailing regulatory provisions. This development is particularly relevant for existing founder shareholders who have been granted first priority to purchase these shares before they are potentially offered to the general public or other institutional investors.

Sanima Reliance Life Share

According to the official company disclosure, this specific batch of 242,648 units represents a portion of the founder group shares intended for internal reallocation. At this current stage, only existing founder shareholders of Sanima Reliance Life Insurance Limited (SRLI) are eligible to submit purchase applications. This approach strictly follows the directives of the Nepal Insurance Authority (NIA) and the Securities Board of Nepal (SEBON), which mandate that founder shares must be offered internally to maintain institutional stability before entering the broader market.

Application Process and Deadlines

The Sanima Reliance Life share sale process is being conducted through a structured application system managed by the company’s share registrar. Interested founder shareholders are required to submit their formal purchase applications to the company’s central office located in Sama Marga, Naxal, Kathmandu. The application window is time sensitive, with the final deadline for submission set until Falgun 6, 2082 (February 18, 2026).

The bank has emphasized that applications received after the specified banking hours on the deadline will not be considered. This highlights the importance of timely compliance for any founder looking to consolidate their holding. Sanima Reliance Life has clarified that if no applications or insufficient applications are received from the existing group within this timeframe, the company will initiate the process to offer the remaining shares to other individuals or organizations, following a secondary 15 day or 35 day notice as per standard regulatory procedures.

Regulatory Role of Founder Shares

Founder shares play a distinct and vital role in Nepal’s insurance and banking sectors. Unlike ordinary public shares (which trade under the symbol SRLI on the NEPSE), founder shares often carry specific ownership obligations and restrictions on transferability. They are typically subjected to a mandatory lock in period, and any transfer requires the formal approval of the insurance regulator.

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For existing promoter shareholders, this sale represents a strategic opportunity to increase their stake in the company and strengthen their overall influence on the board and corporate governance. As Sanima Reliance Life continues its growth trajectory following the successful merger of Sanima Life and Reliance Life in 2023, increasing one’s position at the founder level is seen by many as a vote of confidence in the insurer’s long term financial health.

Company Performance and Market Context

Sanima Reliance Life Insurance Limited has established itself as a growing player in Nepal’s life insurance industry. In its recently published first quarter financial report for the fiscal year 2082/83, the company showed steady progress in net premium collection and life insurance fund growth. Currently, the company’s paid up capital stands at over NPR 5 billion, and it serves thousands of customers through a network of 170 plus branches and sub branches across the country.

The company has consistently focused on product innovation, offering various endowment, child education, and term assurance plans. From an investor perspective, the founder share sale coincides with a period where life insurance penetration in Nepal is reaching nearly 50 percent of the population, driven by increased financial literacy and regulatory support for micro insurance.

Conclusion

In conclusion, the Sanima Reliance Life share sale announcement provides a clear and structured opportunity for existing promoter shareholders to acquire additional founder shares at the base value. With a defined application deadline of Falgun 6, eligible shareholders are advised to review the company’s latest quarterly earnings and long term solvency reports before committing capital. The process remains a testament to the orderly management of ownership changes and regulatory compliance within Sanima Reliance Life Insurance Limited in 2026.

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