Nitol Insurance Company Limited announced that to expand the company head office, the Board of Directors have decided to purchase another office space in the same building (Police Plaza Concord, Tower 2, Plot 2, Road 144, Gulshan 1, Dhaka -1212) measuring approximately 6,375.78 sft. Including common space at BDT 19,000 per sft. The total amount is BDT 126,029,402.00 including car park, utility connection, and reserve fund subject to the approval of Regulatory Authority.