The current promoter of Kumari Bank Limited (KBL) is offering 3,14,140 units of shares for auction to interested existing promoter shareholders, starting today. Bal Krishna Shrestha is selling these promoter shares, and those interested must submit their bids within 35 days from the publication date of this notice, which is the 4th of Falgun. Bids should be submitted at the bank’s central office in Tangal, Kathmandu, or at Kumari Capital Limited in Naxal, Nagpokhari, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be available for auction to the general public.
Highlights:
- Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions
- Promoter Shares Auction: MBL, KBL, and NMFBS Starting Today
- Kumari Bank Limited and Suryodaya Womi Laghubitta Bittiya Sanstha Limited Initiate Promoter Share Auctions
- Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager
- USLB Promoter Shares Auction Open to General Public and Institutions