Shangri-la Development Bank Offers 1.15 Lakh Promoter Shares for Sale

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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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Shangri-la Development Bank has announced the sale of 1,15,518 promoter shares. These shares are currently under the names of existing founder shareholders. The offer is only open to existing promoter shareholders of the bank.

Application Period and Process

Interested promoters can submit their application from Ashar 11, 2082. The deadline to apply is within 35 days from this date.
Applicants must visit the bank’s central office in Baluwatar, Kathmandu to submit the form. The application should clearly mention how many shares they wish to purchase.

Who Can Apply?

Only the existing promoter shareholders of Shangri-la Development Bank are eligible to apply for this offer. No general public investors or new promoters are allowed to participate.

Where to Submit the Form ?

The filled application form must be submitted to:
– Shangri-la Development Bank Central Office
Baluwatar, Kathmandu.

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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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