NIC Asia Bank Opens Sale of 45,000 Promoter Shares to General Public After Founders Fail to Buy

Bajarko Chirfar
Bajarko Chirfar
2083 Ashadh 32
NIC Asia Bank Opens Sale of 45,000 Promoter Shares to General Public After Founders Fail to Buy

NIC Asia Bank has opened the sale of 45,000 units of promoter shares to the general public after existing promoter shareholders did not show interest to buy them.


NIC Asia Bank Limited has put up 45,000 units of promoter shares for sale to the general public. These shares are currently owned by the bank’s promoter shareholder Govinda Lal Sanghai.

Following the directives of Nepal Rastra Bank, the bank had previously opened the sale of these shares only for the existing promoter shareholders. But because no any applications were received within the given deadline, the bank announced to giving the opportunity to general public as well.

How to Submit the Application

Interested general public who want to buy these shares must submit their applications within 7 days from the date of publication of this notice. The application should be submitted at the corporate office of the bank located in Kamaladi, Kathmandu.

While applying, the buyers must mention the number of shares they want to buy and the rate they are proposing, along with submitting all the necessary documents.</p.


AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.


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