Prabhu Mahalaxmi Life Insurance Limited Opens Sale of 1,356,600 Promoter Shares to General Public

23rd August 2026, Kathmandu

Prabhu Mahalaxmi Life Insurance Limited has officially opened the sale of 1,356,600 promoter shares

Prabhu Mahalaxmi Promoter Shares

The shares are open to the general public, including individual and institutional investors.

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Regulatory Process and Share Allocation

Initial Rights: In accordance with directives from the Nepal Insurance Authority, the shares were initially offered exclusively to the company existing promoter shareholders.

Public Offering: Since no purchase applications were submitted by existing promoters within the mandatory 35-day priority window, the company has released the entire allotment to general investors.

Application Requirements and Timeline

• Submission Deadline: Interested individuals, corporate entities, and institutions must submit their applications within seven days from the public notice date of Bhadra 5, 2083 BS.
• Eligibility: Applicants must submit all supporting documentation verifying compliance with the eligibility criteria set by the Nepal Insurance Authority.
• Submission Location: All applications and supporting materials must be physically submitted to the company head office located in Kamaladi, Kathmandu.

For More: Prabhu Mahalaxmi Promoter Shares