When can applications be submitted for the sale of Prabhu Bank’s founder shares to the general public?

Bajarko Chirfar
Bajarko Chirfar
2083 Baisakh 6
When can applications be submitted for the sale of Prabhu Bank’s founder shares to the general public?

Prabhu Bank Limited has put a total of 244,124 promoter shares up for sale to the general public. The shares include 11,087 units held by Kiran Devi Agrawal, 200,000 units by Binod Thakali, and 33,037 units by Durga Bahadur Shrestha.

The bank stated that these shares were initially offered to existing promoter shareholders with a 35-day priority window. However, after no applications were received within the stipulated period, the shares have now been opened for the general public.

Interested investors are required to submit their applications along with necessary documents within 15 days at the bank’s central office located in Babarmahal, Kathmandu.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

 

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