Kathmandu. Kumari Bank Limited to Sell Promoter Shares The bank is issuing 3,041 units of shares in the name of promoter shareholders.
As per the directive of Nepal Rastra Bank, first priority should be given to the existing promoter shareholders while selling promoter shares, so the existing promoter shareholders who want to buy the shares should apply within 35 days from the date of publication of the notice.
The interested bidders can apply for the shares through the prescribed format within 35 days from Kumari Capital Limited at Naxal, Kathmandu or at head office of the bank. The issue price of the shares will be as determined by the seller.
The bank will issue its shares to the general public if the company fails to apply for the shares from the promoter shareholders within the stipulated time.
