Kumari Bank Limited Promoters Auction 5,392 Shares to the Public


The current promoter of Kumari Bank Limited (KBL) has initiated the auctioning of 5,392 units of shares to the general public starting today. Lok Maya Gurung and Tika Ram Sapkota, existing promoters of the bank, are respectively selling 2,305 units and 3,087 units of their promoter shares to interested individuals. Prospective buyers are invited to participate in the auction within a 35-day period from the date of this notice, concluding on 8th Mangsir.

To submit their bids, shareholders are required to visit the central office of Kumari Bank located in Naxal, Kathmandu. Notably, since no bids were received from the existing founder shareholders within the stipulated timeframe, these shares are now available for auction to the general public.

As of 23rd November 2023, Kumari Bank Limited (KBL) closed at Rs. 153.90. Additionally, Kumari Bank Limited Promoter Share (KBLPO) had a Last Traded Price (LTP) of Rs. 110.00 as of 9th November 2023.

Popular Tags:
businessman, Gold, Company, online news, Eid
Highlights:

Leave a Reply

Your email address will not be published. Required fields are marked *

More Interesting Read

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 1
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

Read More
Nepali Banks' Interest Rate Review: Baisakh 2081 Update 3
Business | Market | Economy

Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to […]

Read More
Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme 5
Business | Market | Economy

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme

As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn […]

Read More
Powered by Namaste Webmedia