Nepal Investment Mega Bank Promoter Shares on Sale: When and Where to Apply?

Nepal Investment Mega Bank is selling 334,269 promoter shares. Existing promoter shareholders can apply within 35 days from Asar 3 at the bank’s share department in Lazimpat, Kathmandu.

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Rabindra Bhattrai
Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial...
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Highlights
  • Promoter shares on sale: 334,269 units
  • Application deadline: Within 35 days from Asar 3
  • Location to apply: Share Department, Lazimpat, Kathmandu
  • Eligibility: Existing promoter shareholders only

Nepal Investment Mega Bank has announced the sale of 334,269 units of promoter shares currently held under the name of one of its existing promoters. As per the bank’s notice, interested existing promoter shareholders can apply to purchase the shares.

35 Days to Apply Starting Today

The application period starts from Asar 3 , and eligible promoters must submit their applications within 35 days.

Where to Apply

The application should include the desired number of shares and must be submitted to the bank’s Share Department in Lazimpat, Kathmandu.

Non-Purchased Shares May Go Public

The bank has clarified that if the current promoters do not buy the shares within the given timeframe, the shares will be open for sale to other individuals or institutions as per the prevailing policy.

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Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial management.
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