Kathmandu. Jyoti Bikas Bank Limited is going to sell promoter shares. After some of the bank’s promoter shareholders submitted applications for the sale of shares in their names, the bank has put the shares up for sale so that only the existing promoter shareholders of the bank can buy them.
The bank has not disclosed the number of shares put up for sale and their price. Shareholders interested in purchasing shares can submit an application within 35 days, specifying the details of the shares they want to buy.
The application must be submitted to the bank’s central office in Kamalpokhari, Kathmandu. The bank says that if the bank does not receive applications from the bank’s shareholders within the specified time limit, the shares will be sold to the general public.