Kumari Bank Limited Announces Sale Of 5,255 Founder Shares

22nd July 2026, Kathmandu

Kumari Bank Limited has officially announced the sale of 5,255 founder shares currently held by one of its existing founder shareholders.

Kumari Bank Founder Shares

The commercial bank initiated the equity offering to facilitate an internal ownership transfer among existing promoter group members. This move allows current promoter shareholders to increase their equity stake in the financial institution before any remaining shares are offered to external investors.

The transaction follows the regulatory directives set by Nepal Rastra Bank for commercial banking institutions. By offering first priority to internal founders, the bank ensures legal compliance while maintaining core ownership stability within its established promoter group.

Regulatory Directives And Mandatory First Right Of Priority

The equity offering operates strictly under the regulatory framework governing promoter share transfers in Nepalese commercial banks. The central bank rules require that existing co owners receive the initial right of refusal before external buyers can participate in the transaction.

The key parameters and priority conditions governing the sale include the following guidelines.

• The sale involves a total of 5,255 founder shares registered under an existing promoter shareholder.
• In line with Nepal Rastra Bank directives, first priority for purchasing these units is granted exclusively to current founder shareholders.

Prioritizing existing shareholders ensures that the corporate control and primary equity structure remain intact within the established promoter base before considering external buyers.

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Application Guidelines And 35 Day Submission Window

Kumari Bank Limited has established a 35 day submission window for interested internal buyers to process their purchase applications.

The procedural steps for existing promoter shareholders to submit their bids include the following steps.

• Interested founder shareholders must submit a formal application within 35 days from the official date of notice publication.
• Applications can be submitted physically at Kumari Capital Limited located in Naxal, Kathmandu.
• Alternatively, applicants may lodge their documents directly at the head office of Kumari Bank Limited in Tangal, Kathmandu.

The selling price for the equity block will be determined directly by the seller.

Contingency Plan For Potential Public Offering

The bank has outlined a clear secondary procedure in the event that the existing founder shareholders do not fully subscribe to the offered share volume.

The operational provisions for potential external offering include the following conditions.

• If the shares are not fully subscribed by existing founder shareholders within the specified 35 day period, the unsubscribed balance will be released.
• The bank may then proceed with the sale to other eligible individuals or institutional investors.
• Any secondary sale will be executed in full compliance with prevailing regulatory provisions established by the central bank.

This structured process ensures that the seller can complete the transaction smoothly while providing existing internal stakeholders the first right to expand their holdings.

For More: Kumari Bank Founder Shares