Manjushree Finance Limited Announces Public Auction Of 1865 Founder Shares
19th July 2026, Kathmandu
Manjushree Finance Limited has officially published a public notice regarding the sale of 1865 founder shares.
Manjushree Finance Announces Public Auction
These specific shares are currently owned by corporate investor IBROX International Private Limited. The financial institution is offering these shares to a broader audience following the completion of initial regulatory procedures required under national banking laws.
This public announcement opens up a rare opportunity for individual investors and corporate entities to acquire founder level equity in a prominent finance company. By transitioning the sale to the open market, the company aims to ensure transparency and complete the equity transfer efficiently.
Background On The Initial Founder Share Offering
Before opening the investment opportunity to the general public, Manjushree Finance Limited strictly followed the standard internal protocols mandated for licensed financial institutions. The shares were first offered internally to the existing pool of owners to maintain institutional continuity.
The initial steps taken by the finance company included the following actions.
- Publishing a mandatory 35 day public notice on Chaitra 03 2082.
- Inviting all existing internal founder shareholders to purchase the available equity.
- Providing a stipulated period for internal members to submit their purchase applications.
Despite the open invitation, no applications were received from the eligible founder shareholders within the designated 35 day timeframe. Consequently, the company has officially opened the purchasing process to the general public, allowing external investors to bid for the equity.
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Application Process And Timeline For General Investors
Prospective buyers must follow a strict application timeline to participate in the share purchase. The company has established a localized contact point to manage the intake of bids and verify applicant documentation.
Interested investors should keep the following application details in mind.
- Applications must be submitted within 15 days from the official date of publication of the public notice.
- Interested individuals must directly contact the Company Secretary Office of Manjushree Finance Limited.
- All purchase applications must be formally submitted in writing within the designated office hours.
Because the window remains open for a limited 15 day period, prospective buyers are encouraged to gather their financial credentials and submit their intent to purchase promptly to avoid missing the deadline.
Regulatory Compliance And Legal Framework For The Share Sale
The execution of this share transition is heavily regulated to protect investor interests and maintain market integrity. Manjushree Finance Limited ensures that every step of the public auction complies with national corporate governance standards.
The sale of the founder shares is being carried out in strict accordance with the following regulatory frameworks.
- The provisions laid down in the Banks and Financial Institutions Act 2073.
- The comprehensive requirements of the Nepal Rastra Bank Unified Directives.
- All other applicable corporate, securities, and financial laws of Nepal.
Adhering to these strict legal frameworks guarantees that the transfer of ownership from IBROX International Private Limited to the new buyers will be legally sound, providing a secure investment environment for the incoming shareholders.
