Promoter Shares of Kumari Bank And Machhapuchchhre Bank In Auction From Today

Mon, Apr 15, 2024 10:32 AM on Latest, Auction,

The existing promoter of Kumari Bank Limited (KBL) is auctioning 27,464 units of shares to the interested promoter shareholders from today.

Ranjita Manandhar intends to sell 11,698 units and Chandra Devi Kandel intends to sell 15,766 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 3rd Baishakh, 2081.

The shareholders should submit their bids at the central office of the bank located at Tangal, Kathmandu, or at Kumari Capital Limited located at Naxal, Nagpokhari, Kathmandu. 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. 136.90 yesterday. Meanwhile, KBLPO has an LTP of Rs.106.00.

Auction Notice:

Similarly, The existing promoter of Machhapuchchhre Bank Limited (MBL) is auctioning 8,268 units of shares to the interested promoter shareholders from today.

Indu Kumari Karki intends to sell 8,268 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 3rd Baishakh, 2081.

The shareholders should submit their bids at Machhapuchchhre Capital Limited located at Baghdurbar, JDA Complex, Kathmandu. 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.

MBL closed at Rs. 174.00 yesterday. Meanwhile, MBLPO has an LTP of Rs. 113.00.

Auction Notice: