Kathmandu. Sun Nepal Life Insurance limited has auctioned 224,000 units of shares.

The company has put on sale 80,222 units of shares of the founding group and 146,506 units of shares of the general group from Monday.

Investors can participate in competitive bidding based on a minimum of Rs 100.

Applications can be submitted till July 30. Nepal SBI Merchant Banking will act as sales manager. The company had opened the sale of right shares from May 29 to June 15. During this period, the company brought the remaining unsold shares to the auction.