Kumari Capital Appointed as Issue Manager for Guardian Micro Life Insurance

Guardian Micro Life Insurance Limited has agreed to issue 22.50 Lakh units of ordinary shares to the general public through Kumari Capital Limited at an issue price of Rs.100 per share.

They have appointed Kumari Capital Limited as the Issue and Sales Manager for this purpose. The agreement was signed by Mr. Chirayu Bhandari, CEO of Guardian Micro Life Insurance Limited, and Mr. Puspa Sharma, CEO of Kumari Capital.

Guardian Micro-Life Insurance, known for its innovative approach to smart investment for a secure future, is the first micro-life insurance company in Nepal to issue policies digitally. With over 14 thousand policyholders and more than 500 agents, it operates through multiple branches, sub-branches, and extension counters across the country, in addition to its central office.