Siddhartha Bank Puts 469,000 Founder Shares on Sale for Investors

18th August 2026, Kathmandu

Siddhartha Bank has put 469,122 units of founder shares up for sale, with applications open for existing promoters and general investors within 35 days.

Siddhartha Bank 469000 Founder Shares

Siddhartha Bank Limited has put 469,122 units of founder shares owned by its existing promoter shareholders up for sale, initiating the auction process.

Key Highlights of the Share Sale

Allocation Breakdown: Out of the total shares offered, 157,479 units are exclusively reserved for existing founder shareholders of the bank. Meanwhile, the remaining 311,643 units can be purchased by general investors as well.

Advertisement

Application Deadline: Interested existing founders and general investors must submit their applications within 35 days from the date of the notice publication.

Fallback Process: If the bank fails to receive sufficient applications from existing promoter shareholders within the stipulated timeframe, the remaining shares will be opened for sale to other individuals and corporate institutions.

Application Process: Eligible and interested investors must specify the number of shares they wish to purchase and submit a written application to the Company Secretary’s Office located at the bank’s central office in Naxal, Kathmandu, within the designated deadline.

For more: Siddhartha Bank 469000 Founder Shares