Kumari Bank Limited has announced the sale of 1 lakh units of founder shares targeting its existing founder shareholders.
Kumari Bank Limited is selling 1 lakh units of founder shares that belong to its current founder shareholders. According to the directives from Nepal Rastra Bank, the existing founder shareholders have the first right to buy these shares. Therefore, only the current founders are allowed to apply for the shares at this moment.
Application Process and Deadline
The interested founder shareholders must submit their application within 35 days. They can go to apply at Kumari Capital Limited located in Naxal or directly at bank head office in Tangal.
The bank has also informed that if no application is received from the existing founders within the given 35 days time, they will start the process to sell remaining shares to general public.
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.
