Narayani Development Bank Opens Sale of Promoter Shares

Narayani Development Bank has announced the sale of 48,000 promoter shares held by existing promoters. Here are the key points:

1. Sale Open:

- The sale of promoter shares begins today (Asar 19).

- 48,000 promoter shares are available for sale.

2. Eligibility to Apply:

- Only existing promoter shareholders can apply.

3. Application Process:

- Interested investors must apply within 35 days from today.

- Application forms must be submitted to the bank's central office at Ratnanagar-1, Tandi, Chitwan.

- Applicants must specify the number of shares they wish to purchase in their application.

4. Shares Open to the General Public:

- If existing promoter shareholders do not purchase the shares within the specified period, the remaining shares will be made available for purchase by the general public.

Interested existing promoter shareholders are encouraged to apply promptly to take advantage of this opportunity.