August 26, 2021 | Investopaper
Gurans Life Insurance Company Limited (GLICL) has informed about the conversion of promoter shares to ordinary shares.
As informed on NEPSE, the life insurance has converted 17,78,026.14 units promoter shares into public shares.
After the conversion, the promoter-public share ratio will remain at 51:49.
As of Ashad’s end 2078 BS, Gurans Life Insurance Company has a paid-up capital of Rs 197.5 crores.