Asian Life to sell promoter shares

May 29, 2023 01:16 PM Merolagani



Asian Life Insurance (ALICL) is set to sell promoter shares.

The company is selling 24,871 units of shares to its existing shareholders.

Interested existing shareholders of the company can apply for the shares within thirty-five days in its head office at Maitidevi.

If the shares are not fully subscribed, then the company will forward the required process as per the prevailing law, said the company.