Miteri Development Bank Opens Sale of 162,524 Promoter Shares to General Public

23rd August 2026, Kathmandu

Miteri Development Bank Limited has opened the sale of 162,524 promoter shares to the general public

Miteri Bank Promoter Shares

The sale is inclusive of various investors, including individual investors, private firms, and corporate institutions.

Regulatory Process and Share Allocation

Initial Offering: In compliance with regulatory provisions, the promoter shares held by two existing promoter shareholders were first offered exclusively to the bank existing promoter base.

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Public Opening: Following the completion of the mandatory 35-day priority period without receiving written applications or expressions of interest from existing promoters, the bank released the entire quantity for public purchase.

Application Process and Collection Details

Application Window: Interested applicants must complete and submit their purchase applications within 35 days from the date of the notice publication.

Submission Locations: Applications and required supporting documentation can be physically submitted at either of the following designated locations:

• The central office of Miteri Development Bank Limited in Dharan, Sunsari.
• The office of the share registrar, Prabhu Capital Limited, located in Kamaladi, Kathmandu.

For More: Miteri Bank Promoter Shares