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Prabhu Bank's 9.47 Lakh Shares for Sale: Exclusively for Institutional Shareholders

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Nepse trading

Prabhu Bank's 9.47 Lakh Shares for Sale: Exclusively for Institutional Shareholders

Prabhu Bank has put up 947,273 shares, registered under the names of its shareholders, for sale. For now, only the bank’s existing institutional shareholders are eligible to apply for these shares. However, the bank has not yet specified the price of these shares.

Interested institutional shareholders must submit their applications to the bank’s central office in Babarmahal, Kathmandu, within 35 days starting from Falgun 22. The bank has stated that if no applications are received from existing shareholders within this period, the shares will then be offered for sale to other individuals or entities as well.

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