Jeevan Bikash Laghubitta Financial Institution Ltd. has made 20,400 founder shares available for public sale. Of these, 8,000 shares belong to founder shareholder Bishandev Mandal Gangai, and 12,400 shares belong to Niraj Pokhrel. The total shares will be sold through an open auction process at the company’s central office in Katahari–2, Morang.
Initially, the company had issued a 35-day notice for existing founder shareholders to apply for the share purchase. However, since no applications were received during that period, the company has now opened the process to the general public, including individuals and corporate investors.
Interested investors who wish to participate in the auction must submit their bid applications along with the required documents within 15 days from the notice publication date, Chaitra 20 B.S., at the central office of Jeevan Bikash Laghubitta in Morang.
The auction provides an opportunity for investors to acquire shares directly from the founder group, ensuring transparency and equal participation for the general public. The company has emphasized that applications submitted after the deadline will not be considered.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
