Promoter Shares of Kumari Bank Limited In Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 3,75,303 units of shares to the interested promoter shareholders from today.
3,75,303 units of promoter shares will be auctioned. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 1st 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.
Similarly, The existing promoter of Kumari Bank Limited (KBL) is auctioning 2,936 units of shares to the general public from today.
Ram Bahadur Buda intends to sell 1,729 units of promoter shares and Mohan Bahadur Gurung 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 the date of publication of this notice, i.e. 1st Jestha, 2080.
The notice has already been published before to the existing promoter shareholders and since no application has been received from existing founder shareholders within the specified timeframe, the shares are now opened for auction to the general public and institutions.
KBL closed at Rs. 140.40. Meanwhile, KBLPO has an LTP of Rs.106.00.
