Promoter shares of Kumari Bank on sale

Kumari Bank has announced the sale of 16,830 promoter shares registered under the name of Nibha Saiju. Current promoter shareholders of the bank are eligible to apply for the purchase of these shares. Interested promoter shareholders must submit their applications within 35 days from today (Jestha 23) at either the bank's head office in Tangal or Kumari Capital's office in Naxal Nagpokhari, Kathmandu.

The sale price of the shares will be as determined by the seller. If the existing promoter shareholders do not purchase the shares within the given timeframe, the bank will sell the shares to other individuals or institutions.