Kumari Bank’s founder shares now up for sale

Kumari Bank has opened the process to sell a limited number of its founder-level shares after some original shareholders applied to put their holdings on the market. A total of 7,882 founder shares have been made available. These shares belong to existing founder shareholders who have formally requested the bank to list them for sale. At this stage, only current founder shareholders of the bank are allowed to purchase these shares. Interested buyers must submit their application along with required documents within 35 days from the date of the public notice. Applications can be submitted at Kumari Capital in Naxal or at the bank’s central office in Tangal. If no founder shareholder applies to buy the shares within the given deadline, the bank will then open the sale to the general public. Such internal share transfers often reflect shifts among early investors, and the next step could determine whether these shares remain within the founder circle or enter the wider market.