Sangrila Development Bank has opened the sale of its founder shares to the general public. A total of 30,000 founder shares, previously held by the bank’s founding shareholders, have been made available for purchase.
Applications for purchasing the shares must be submitted within 15 days from the date of the published notice. Both individuals and institutions are eligible to apply for the shares. Initially, the bank had issued a 35-day notice to the founding shareholders, but since no applications were received, the sale has now been opened to the general public.
Investors must submit their applications at the bank’s central office in Baluwatar, Kathmandu, specifying the number of shares they wish to purchase along with the offered price per share.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
