Kumari Bank Limited has opened a new opportunity for its founder shareholders. The bank is putting 1,322 founder shares up for sale, giving existing shareholders a chance to buy more stakes in the bank.
These shares are currently available only to the bank’s existing founder shareholders.The bank has given 35 days for interested shareholders to submit their applications.
Where to apply?
Interested shareholders can file their applications at two locations:
- Kumari Capital Limited, Naxal
- The bank’s head office, Tangal
The selling price of the shares will be determined by the seller. If no applications are received within the given period, the bank will move forward to sell the remaining shares to the general public.
