1,551,025 Promoter Shares of Himalayan Bank Up for Sale

The promoter shareholders of Himalayan Bank are set to sell 1,551,025 shares they own. Seven promoters of the bank are involved in this sale. Only other promoter shareholders of Himalayan Bank can apply to purchase these shares.

Interested promoters need to apply within 35 days from today, Jestha 17, at the bank's central office in Kamaladi, Kathmandu. The application should specify the number of shares they intend to purchase. The selling prices of the shares will vary according to each seller, and interested buyers must get the price details from the bank's central office.

If no applications are received from the promoters within this period, the bank has announced that the shares will be made available for sale to the general public. This could potentially impact the market value of the bank's shares.

Thus, the sale of these promoter shares by Himalayan Bank's promoters is expected to bring new activity to the bank's share trading and present new opportunities for prospective buyers.