After the Successful Merger, 4.18 Crore Unit Shares of Sanima Reliance Life Insurance (SRLI) Listed in NEPSE For Trading

41,840,000 shares of Sanima Reliance Life Insurance Limited (SRLI) after a successful merger between Reliance Life Insurance Limited (RLI) and Sanima Life Insurance Company Limited (SLI) have been listed in NEPSE.

SLI and RLI signed the merger agreement with each other on 29th Ashad, 2079. The company had signed a merger deal at a swap ratio of 1:1. SLI's total listed shares were 20,840,000 units, and that of RLI was 21,000,000 units making it a total of 41,840,000 unit shares after the merger.

After a successful merger, SLI and RLI commenced the joint transaction in the name of Sanima Reliance Life Insurance Limited (SRLI) from Chaitra 09, 2079. Therefore the listed shares will start trading under the symbol "SRLI."

The open price range is set as Rs. 391.88 for the first transactions.