The existing promoter of Kumari Bank Limited (KBL) is auctioning 91,638 units of shares to the interested promoter shareholders from today.
Lila Bahadur Gurung intends to sell 91,638 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. 10th Mangsir.
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. 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.
KBL closed at Rs.153.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 110.00 as of 9th November, 2023.