Kumari Bank is opening 78,677 units of founder shares to the general public after the initial 35-day period for existing shareholders expired.
Details of the Share Sale
Kumari Bank Limited has decided to sell 78,677 units of promoter shares to normal people. Initially, the bank gave first priority to the existing founder shareholders to buy these shares by publishing a notice for 35 days. However, the founder shareholders did not show interest in buying them during that time.
Because no one from the promoter group claimed the shares, the bank is now allowing the general public to apply for them. People who are interested in buying these founder shares can send their applications within 35 days from the date of the notice publication.
If you want to apply, you have to go to Kumari Capital Limited located in Naxal or the head office of Kumari Bank at Tangal to submit your application form. The bank hope that new investors will come forward to purchase the remaining shares.
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.
