Kathmandu. NRN Infrastructure and Development Company has started the process of selling the shares of 9 different companies.

NRNA has started the process of selling 16,77,016 units of shares from promoter to general of 9 companies. According to NRNA, the share sale process has been initiated as per the letter dated July 22, 2082.

These include commercial banks, microfinance and microfinance companies.

According to the decision of November 17, the government is going to sell the shares of 9 companies. NRN Infrastructure has allotted 5,30,000 units of promoter shares of Kumari Bank, 1,07,484 units of promoter shares, Nerude Mirmire Laghubitta Bittiya Sanstha Limited (promoter shares) 74,106 units, Mero Microfinance Laghubitta Bittiya Sanstha Limited (promoter shares) 78,209 units, Mero Microfinance Laghubitta Bittiya Sanstha Limited (ordinary shares) 28,215 units. Similarly, Prabhu Mahalaxmi Life Insurance Limited (erstwhile Mahalaxmi Life Insurance Limited) has 5,94,000 shares, Hydroelectricity Investment and Development Company Limited (promoter shares) has 40,001 shares, National Fund Management Limited (promoter shares) has 225,000 shares and National Life Insurance Limited (ordinary shares) has 1 unit.