Citizens Bank International Limited has announced the sale of a total of 309,382.72 units of founder shares held under the names of various founder shareholders. According to the bank, the shares offered for sale are distributed as follows: Basudev Ghimire – 163,561 units, Netra Lal Ban – 75,772 units, Jhabindra Bhandari – 51,205 units, and Rajkumar Thapa – 18,844.72 units.
The bank has fixed different minimum prices for the founder shares based on the shareholder category. Rajkumar Thapa’s shares have a minimum price of Rs 130 per share, while the shares under the other three founder shareholders have a minimum price of Rs 100 per share.
In line with the directives of Nepal Rastra Bank, existing founder shareholders are given first priority in the purchase of founder shares. Accordingly, only the bank’s current founder shareholders are eligible to apply for the purchase at this stage.
Interested founder shareholders must submit their applications within 35 days from the date of the notice. Applications should be submitted to the bank’s central office located at Narayanhiti Path, Kathmandu. The bank has stated that if no applications are received from founder shareholders within the specified period, the process to sell the shares to the general public will be initiated.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
