Promoter Shares of Kumari Bank Limited In Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,08,044 units of shares to the interested promoter shareholders from today.
Juli Chachan intends to sell 25,920 units, Kiran K.C. intends to sell 24,372 units, and Usha Ghimire intends to sell 57,752 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. 26th Baishakh.
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.
Similarly, The existing promoter of Kumari Bank Limited (KBL) is auctioning 3,116 units of shares to the general public from today.
Khadag Bahadur Darlami intends to sell 3,116 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 Baishakh.
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. 131.50. Meanwhile, KBLPO has an LTP of Rs.106.00.
