Promoter Shares of Kumari Bank In Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 5,25,018 units of shares to the interested promoter shareholders from today.
Rubika Agrawal intends to sell 75,018 units and Balaram Neupane intends to sell 4,50,000 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. 24th Falgun.
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. 144.00 yesterday. Meanwhile, KBLPO has an LTP of Rs.106.00.
