The 493rd meeting of the Board of Directors of Himalayan Bank Limited, held on Chaitra 15, 2082, has decided to initiate the process of converting 10 percent of its founder shares into public shares. The decision has been made in line with the directives of Nepal Rastra Bank to adjust the bank’s current capital structure.
The bank has stated that the conversion will be carried out after obtaining the necessary approvals from regulatory authorities. It has also informed that relevant bodies, including the Nepal Stock Exchange and other concerned institutions, have been notified regarding this decision.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
