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NMB Bank founder shares up for sale

SPIL
Global College
Nepal Life New

Kathmandu. NMB Bank Limited is selling 290,296 units of founder shares. A total of 73,951 units of shares were sold in the name of Kalpana Pandey and 216,345 units in the name of Kali Dash Gotame.

According to nrb rules, only the founder shareholders of the bank can apply for the purchase of shares as there is a provision to give priority to the existing founder shareholders while selling the founder shares.

Crest

The founder shareholders who wish to buy the shares will have to submit an application to the Company Secretary’s office at Babarmahal, Kathmandu within 35 days from the date of publication of the notice.

If the bank does not receive an application for the purchase of the shares from the founding shareholders within the stipulated time or if all the shares are not sold, the shares will be sold to the general public.

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