Sanima Bank Announces Sale of 60000 Promoter Shares
9th August 2026, Kathmandu
Sanima Bank Limited has officially announced the sale of 60,000 promoter shares.
Sanima Bank Promoter Shares Sale Announced
The shares currently belong to promoter shareholder Sudhir Kumar Agrawal.
The bank has fixed the minimum selling price at 125 Nepali Rupees per share.
In line with regulatory directives issued by Nepal Rastra Bank, existing promoter shareholders hold the primary right of refusal to acquire these shares.
First Priority for Existing Promoter Shareholders
During the initial offering stage, only existing promoter shareholders of Sanima Bank Limited are eligible to submit purchase applications.
Interested promoter shareholders must submit their application forms alongside required supporting documents directly to the central office of Sanima Bank Limited in Naxal, Kathmandu.
Applicants must complete their submissions within 35 days from the official date of notice publication.
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With the minimum price set at 125 Nepali Rupees per share, the total minimum value for the entire block of 60,000 shares stands at 75 lakh Nepali Rupees.
Potential Offering to General Investors and Other Buyers
Sanima Bank Limited has clarified the contingency process if existing promoter shareholders do not apply within the allocated timeframe.
If no applications are received from existing promoters within the 35 day period, the bank will initiate steps to sell the remaining shares to other eligible buyers.
This secondary allocation process may extend the share purchase opportunity to general investors and non promoter entities in compliance with regulatory procedures.
This procedure strictly follows the governing framework established for promoter share transfers within domestic banks and financial institutions.
Summary of Key Share Sale Parameters
The key administrative details governing the promoter share issuance include:
- Issuing Entity: Sanima Bank Limited
- Share Classification: Promoter Shares
- Total Volume Offered: 60,000 shares
- Selling Promoter Shareholder: Sudhir Kumar Agrawal
- Minimum Base Price: 125 Nepali Rupees per share
- Total Minimum Valuation: 75 lakh Nepali Rupees
- First Category Eligible Buyers: Existing promoter shareholders
- Submission Window: 35 days from notice publication
- Document Submission Office: Sanima Bank Central Office, Naxal, Kathmandu
The ongoing sale gives current promoter shareholders a structured opportunity to increase their equity holdings in Sanima Bank Limited before any public or external re-offering takes place.
