Nepal Life Insurance Calls for Applications for 5,575 Promoter Shares
20th September 2026, Kathmandu
Nepal Life Insurance Company Limited has issued a 35-day official notice inviting applications from existing promoter shareholders interested in purchasing promoter shares.
Nepal Life Promoter Shares
The sale involves a total of 5,575 promoter shares currently held by founder shareholder Sushila Devi Agrawal.
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Application Guidelines and Timeline
The company has specified the application window and location for eligible promoter shareholders wishing to acquire these shares.
- Priority Application Period: Existing promoter shareholders are given a 35-day window from the publication date of the notice to submit their intent to purchase.
- Submission Venue: Interested applicants must submit their written applications to the company’s corporate office located in Kamal Pokhari, Kathmandu.
Regulatory Framework and Contingency
The transaction and subsequent allocation will adhere strictly to regulatory guidelines set by the insurance authority.
- Regulatory Governance: The share transfer and sale process will be executed in compliance with the Insurance Business-Related Directive, 2077, and applicable corporate regulations.
- Contingency Process: If no applications are received from existing promoter shareholders within the stipulated 35-day period, the company will proceed with alternative sale procedures for non-promoters as per prevailing laws.
For More: Nepal Life Promoter Shares
