7,642 Promoter Shares of Shangrila Development Bank in Auction from Today

The existing promoter of Shangrila Development Bank Limited (SADBL) is auctioning 7,642 units of shares to the interested promoter shareholders from today.

7,642 units of promoter shares of SADBL will be auctioned. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 9th Jestha.

The shareholders should submit their bids at the central office of the bank located at Baluwatar, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be auctioned to the general public.

SADBL closed at Rs. 319. Meanwhile, SADBLP has an LTP of Rs.173.

Notice