Sanima Bank’s 339,484 Promoter Shares Up for Sale — 15-Day Notice Issued for Interested Buyers

Kathmandu, October 14 — Sanima Bank Limited has announced that one of its promoter shareholders is selling 339,484 units of promoter shares. The bank has invited interested promoter shareholders, eligible individuals, and institutions to submit applications to purchase the shares within 15 days from the date of this notice.

According to the announcement, the minimum price per share is set at NPR 145. Earlier, on Jestha 14, 2082, the bank had published a 35-day notice inviting existing promoter shareholders to purchase the shares, but no applications were received during that period. Consequently, the bank has now opened the opportunity to other interested and qualified parties.

Interested buyers must contact the bank’s central office at Narayanchaur, Naxal, Kathmandu within the 15-day period and submit their applications along with the required documents as per the “Fit & Proper Test” guidelines prescribed by the Nepal Rastra Bank (NRB) and other prevailing legal provisions.

The bank has specified that applications must be submitted for a minimum of 50,000 shares or more. After receiving applications, the bank will evaluate and finalize the sale upon approval from the regulatory authority.