Promoter Shares of Kumari Bank Limited And Siddhartha Bank Limited in Auction from Today

Thu, Jun 13, 2024 10:21 AM on Latest, Corporate,

The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,62,967 units of shares to the interested promoter shareholders from today.

Raghunath Pradhan intends to sell 1,62,967 units of promoter shares. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 31st Jestha.

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 auctioned to the general public.

As of writing, KBL has an LTP of Rs. 142.00. Meanwhile, KBLPO has an LTP of Rs.104.00.

Auction Notice:

The existing promoter of Siddhartha Bank Limited (SBL) is also auctioning 72,927 units of shares to existing promoter shareholders from today i.e. 31st Jestha, 2081.

Chanchal Devi Jain intends to sell 72,927 units. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 31st Jestha. The shareholders should submit their bids at the central office of the bank located at Hattisar, Kathmandu.

As of writing, SBL has an LTP of Rs. 254.00. Meanwhile, SBLPO has an LTP of Rs. 135.00.

Auction notice: