3rd August 2024, Kathmandu
The lock-in period for Sanima Reliance Life Insurance’s founder shares and employee shares concluded on August 13, 2024.
Lock-in Period For Shares
This significant milestone allows these shares to be eligible for trading in the secondary market, thereby increasing liquidity and trading opportunities for shareholders.
A total of 14.3 million shares are now subject to trading, including 10.4 million shares held by the founders and 300,000 shares allocated to employees.
The end of the lock-in period is expected to bring new dynamics to the market, enhancing investment prospects and shareholder value.
Sanima Reliance Life Insurance’s move is anticipated to foster a more active trading environment, reflecting the company’s growth and commitment to its stakeholders.
Shareholders and market participants are encouraged to take advantage of this new opportunity in the trading landscape.
Lock-in Period For Shares of Sanima Reliable Life Insurance
