Kumari Bank Limited has placed a total of 14,62,935 founder shares owned by various founder shareholders up for sale. Only existing founder shareholders are eligible to apply for the purchase of these shares.
Interested shareholders must submit their applications within 35 days of the announcement either to Kumari Capital, the bank’s share registrar, or at the bank’s central office in Tangal, Kathmandu. The sale price of the shares will be determined by the sellers.
If no applications are received from existing founder shareholders within the stipulated period, the bank has stated that it will proceed with the sale of shares to other eligible individuals or institutions in accordance with applicable regulations.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
