For this, the company appointed NIMB Ace Capital as issue manager.
Nepal Micro Insurance is preparing to issue 30 percent ordinary shares of its issued capital. Accordingly, it will issue 2,250,000 units of ordinary shares worth Rs 225 million.
The company signed an agreement with NIMB Ace Capital on Monday, August 5.
The agreement was signed by Mrigendra Nath Rimal, CEO of Nepal Micro and Sachndra Dhungana, General Manager of NIMB Ace Capital.
