Banking News – United Ajod Insurance Limited has opened the sale of 26,947 founder shares to the general public at a minimum price of Rs. 170 per share.

The shares are part of 84,566 founder shares held by Machhapuchhre Brick Factory Pvt. Ltd., one of the company’s founding shareholders.

The company had initially offered the shares exclusively to its existing founder shareholders. However, after receiving no applications during the designated period, the shares have now been made available to the general public.

Interested investors may apply within 15 days from the date of publication of the notice by submitting an application to the company’s head office, specifying the number of shares they wish to purchase.

The offering provides an opportunity for eligible investors to acquire founder shares of United Ajod Insurance at the announced minimum price of Rs. 170 per share.