Promoter Shares of Prabhu Bank Limited And Kumari Bank Limited In Auction From Today

Fri, Feb 23, 2024 10:38 AM on Latest, Auction,

The existing promoters of Prabhu Bank Limited (PRVU) are auctioning 7,53,892 unit shares to its promoter shareholders from today.

7,53,892 unit promoter shares of PRVU will be auctioned to only existing promoters. Only eligible shareholders are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 11th Falgun. The shareholders should submit their bids at the central office of the bank located at Babarmahal, Kathmandu.

PRVU closed at Rs.149.40 yesterday.

Auction Notice:

The existing promoter of Kumari Bank Limited (KBL) is auctioning 4,115 units of shares to the promoter shareholders from today.

Ram Kumari Paudel intends to sell 4,115 units of promoter shares to the existing promoter shareholders. Only eligible shareholders are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 11th Falgun.

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.

KBL closed at Rs. 145 yesterday. Meanwhile, KBLPO has an LTP of Rs. 106.00 as of 21st February 2024.

Auction Notice: