Promoter Shares of Kumari Bank Limited in Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 8,892 units of shares to the general public from today.
Sushil Thapa, a KBL promoter is selling 8,892 units of promoter shares to the general public. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 26th Ashwin.
Previously, the shares were auctioned to eligible promoter shareholders, since no applications were received till the deadline, the promoter shares are now being re-auctioned to the general public. The shareholders should submit their bids at the central office of the bank located at Tangal, Kathmandu, or in Kumari Capital Limited located at Naxal, Nagpokhari, Kathmandu.
KBL closed at Rs.156.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 110 as of 1st October, 2023.
