Nepal Life Insurance to Invest Rs. 38.5 Crores in Nepal Opportunity Fund-1
October 27, 2024 | Investopaper
Nepal Life Insurance Company Limited (NLIC) is going to invest Rs. 38.5 crores in the units of Nepal Opportunity Fund-1, a private equity fund managed by Aadhyanta Fund Management Limited. An agreement has reached between the two companies on this regard.
As informed on Nepse, NLIC has agreed to purchase 3,85,000 units of Nepal Opportunity Fund-1. At a price of Rs. 1000, the total investment amounts to Rs. 38.5 crores.
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