June 20: IME Life Insurance has appointed Civil Capital as its share registrar. Civil Capital will now handle sales of 6 million units of shares allocated by IME Life Insurance for public issuance. 

Dinesh Amatya, managing director of IME Life Insurance, and Suman Acharya, CEO of Civil Capital, signed the agreement for share issuance and sales promotion on behalf of their respective organizations.

The paid-up capital of the company is projected to reach Rs 2 billion after the issuance of the public offering of the shares.