KATHMANDU: In line with its decision to issue further public offering (FPO) of nearly 3.10 million shares to maintain the ratio of promoter to public shares at 70:30, Nepal Life Insurance Co (NLIC), has appointed Siddhartha Capital Ltd as its issue manager. The agreement in this regard was signed by NLIC’s CEO Vivek Jha and Siddhartha Capital’s CEO Dhruba Timilsina, as per a media release issued on Thursday.