Kathmandu. Indian financial institution Muttoot Finance Limited is going to exit Nabil Bank.
Kochi-based Muttoot Finance, India is going to exit after selling its stake in Nabil Bank. A total of 1,198,531 units of founder shares of Nabil Bank have been put on sale.
At present, only the founding shareholders of the bank can apply for this share purchase. A 35-day deadline has been given for this.
Interested founder shareholders can apply for the purchase of shares at the company secretary’s office at the bank’s central office in Kathmandu. The bank has clarified that the sale of shares to other individuals and institutions will be opened if there is no application from the founding shareholders within the stipulated period.
