LIC Ltd. shares listed

April 9, 2003
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Shares of the joint venture Life Insurance Corporation Ltd. will be listed with the Nepal Stock Exchange Ltd. The Life Corporation of India holds a stake in the company.

Altogether 2.5 million shares of the company with a face value of Rs.100 per share will be listed with the only share market in the country.

General Manager of the Nepal Stock Exchange Ltd Mukunda Nath Dhungel and Director S.K. Sakuja signed the listing agreement Tuesday. nepalnews.com br April 9