Promoter Shares of Kumari Bank in Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 65,562 units of shares to the interested promoter shareholders from today.
Tula Ram Sijali intends to sell 3,166 units, Pratap Mehar Shrestha intends to sell 7,414 units and Budhhi Bahadur Shrestha intends to sell 54,982 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. 22nd Poush.
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.
Similarly, The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,207 units of shares to the general public from today.
Ambar Bahadur Tarami Magar intends to sell 1,207 units of promoter shares to the general public. Interested individuals are requested to bid for the auction within 35 days from this notice's publication date, i.e. 22nd Poush.
The shareholders should submit their bids at the central office of the bank located at Naxal, Kathmandu. Earlier the shares were auctioned to promoter shareholders, but no bids were received from existing promoter shareholders within the specified timeframe, the shares are open for auction to the general public.
KBL closed at Rs. 157.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 108.00 as of 3rd January, 2024.
