Promoter Shares of Kumari Bank Limited in Auction from Today

Wed, Aug 14, 2024 10:35 AM on Latest, Auction,

The existing promoter of Kumari Bank Limited (KBL) is auctioning 7,07,318 units of shares to the interested promoter shareholders from today.

7,07,318 units of promoter shares will be auctioned. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 30th Shrawan.

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.

KBL closed at Rs. 226.00. Meanwhile, KBLPO has an LTP of Rs. 104.00.

Auction Notice: