Protective Micro Insurance Appoints Laxmi Sunrise Capital as Guarantor for Upcoming Share Issuance
Summary
Protective Micro Insurance Limited is issuing 2,250,000 ordinary shares with Laxmi Sunrise Capital Limited appointed as guarantor for the issuance. The company provides affordable non-life microinsurance across Nepal's seven provinces.
Key Points
- Protective Micro Insurance Limited will issue 2,250,000 ordinary shares.
- Laxmi Sunrise Capital Limited has been appointed as the guarantor for the share issuance.
- The agreement was signed by CEO Bijaya Lal Shrestha and CEO Naresh Kumar Roka.
- Protective Micro Insurance operates in the non-life microinsurance sector serving economically vulnerable communities across seven provinces via 33 offices.
