Himalayan Bank Opens Sale of 428,540 Promoter Shares

Himalayan Bank has opened the sale of 428,540 promoter shares.

Details of the Share Sale:

• Number of Shares for Sale:

  • Devraj Tamang: 45,512 shares

  • Harkabahadur Tamang: 132,279 shares

  • Snehalata Thakur: 13,922 shares

  • Prakash Tayal: 137,228 shares

  • Girendra Man Singh Shrestha: 99,599 shares

Share Purchase Process:

• Eligible Buyers: Existing promoter shareholders of the bank.

• Purchase Deadline: Shares must be purchased within 35 days.

• Procedure: Applicants must submit the required documents to the Legal Department at the bank's central office in Kamaladi, Kathmandu.

• Price: The price of shares varies according to the seller.

Additional Arrangements:

If the promoter shareholders do not purchase the shares within 35 days, the shares will be opened for sale to the general public.

This process will help facilitate the bank's share sale and capital mobilization.