. NLG Insurance Company Limited has bought 100 units of promoter shares of Himalayan Bank Limited (HBL).
According to a 7-TAG_OPEN_p_6 day notice issued by Himalayan Bank, the bank has started the process of transferring 100 units of shares owned by its promoter shareholder Jayant Kumar Agrawal to NLG Insurance.
According to the bank, the application was opened for the general public, firms and corporate organizations after no application was received while giving an opportunity to the existing promoter shareholders to buy.TAG_OPEN_p_5
NLG applied under the same process. According to the bank, if no claim or complaint is received within 7 days, the 100 units will be transferred to NLG.
