Laxmi Sunrise Bank Limited Initiates Auction of 75,88,397 Units of Promoter Shares
The existing promoter of Laxmi Sunrise Bank Limited (LSL) is auctioning 75,88,397 units of shares to the interested promoter shareholders from today.
Interested promoter shareholders are requested to submit their details by the 28th Baishakh following the publication of this notice. Submissions should be made to the central office of the bank located at Hattisar, Kathmandu.
If no written responses are received from the existing founder shareholders within the specified 35-day period, Laxmi Sunrise Bank will proceed with the auction of the shares following the provisions set out in the Act on Banks and Financial Institutions 2073, as well as the consolidated instructions from Nepal Rastra Bank and other relevant laws.
