Promoter Shares Of Gurnas Life Insurance Converted
July 19, 2021 | Investopaper
Gurans Life Insurance Company Limited (GLICL) has converted 19,75,584.6 units promoter shares into public shares.
With this, Promoter to Public share ratio of the company has become 60:40.
As of Chaitra’s end 2077 BS, Gurans Life Insurance has a paid-up capital of Rs 197.55 crores.
GLICL started the insurance operation from Chaitra 18, 2064 BS. The major promoters of the company include Dugar Group, Sunrise Bank Ltd. etc.