Lumbini Bikas Bank and Prabhu Mahalaxmi Life Insurance have opened the application process for the sale of shares held by their promoter shareholders.
Lumbini Bikas Bank share sale details
Lumbini Bikas Bank is selling 1 lakh 51 thousand 585 units of promoter shares. The bank previously gave an opportunity to existing promoter shareholders to buy these shares within a 35 day period. Since no applications were received during that time, the bank has now opened the sale to other investors and institutions. Interested buyers can submit their applications at the bank head office located at Dillibazar, Kathmandu within 15 days.
Prabhu Mahalaxmi Life Insurance share offer
Prabhu Mahalaxmi Life Insurance has put 13 thousand units of promoter shares up for sale. These shares belong to promoter shareholder Navaraj Adhikari, who requested the company to sell them. Because existing promoter shareholders have the first right to buy these shares, only they can apply at this stage. Interested promoters must apply at the company head office in Kamaladi, Kathmandu within 35 days from the date of the notice. If no applications are received from the existing shareholders by the deadline, the company will open the sale for general investors.
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.
