Sun Nepal Life Insurance Proposes Reducing Promoter Shareholding to 51 Percent and Increasing Public Stake to 49 Percent
30th October 2026, Kathmandu
Sun Nepal Life Insurance Company Limited has proposed adjusting its capital structure by reducing promoter shareholding and increasing the proportion held by public shareholders.
Sun Nepal Promoter Shareholding
Under this proposal, promoter ownership will drop from 70 percent to 51 percent, while public ownership will rise from 30 percent to 49 percent.
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Key Details of Share Ownership Modification and Regulatory Process
The decision was made during the 169th meeting of the board of directors held on Kartik 12, 2083, and will be submitted for approval at the upcoming Annual General Meeting following necessary regulatory endorsements.
- Board Meeting Approval Date: Kartik 12, 2083 (October 29, 2026).
- Proposed Share Ownership Structure: Promoter Shareholders: 51 percent; Public Shareholders: 49 percent.
- Current Share Ownership Structure: Promoter Shareholders: 70 percent; Public Shareholders: 30 percent.
- Regulatory Framework: Process initiated in line with Clause 5 of the Insurer Promoter Share Trading Directive, 2077 issued by the Nepal Insurance Authority.
- Next Steps: The proposed structure will be submitted for final endorsement at the Annual General Meeting once formal approval is received from the Nepal Insurance Authority and other relevant governing bodies.
For more: Sun Nepal Promoter Shareholding
