1 Lakh Promoter Shares of Kumari Bank in Auction from 17th Kartik
The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,00,000 units of shares to its promoter shareholders from today.
Durga Prasad Pandey, a KBL promoter is selling 1,00,000 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from this notice's publication date, i.e. 17th Kartik.
Interested investors should submit their bids at the company's central office located at Kumari Capital Limited, Kathmandu-01, Naxal, Nagpokhari, or Kumari Bank Limited. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be open for auction to the general public.
KBL closed at Rs. 155 yesterday. Meanwhile, KBLPO has an LTP of Rs. 101 as of 18th October, 2023.
