NMB Bank Limited Announces Sale of 24155 Founder Shares
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15th September 2026, Kathmandu
NMB Bank Limited has officially published a public notice regarding the sale of 24,155 founder shares currently registered under the name of founder shareholder Kamal Singh Bhat.
NMB Bank Founder Shares
The disclosure details the statutory transfer process, regulatory compliance requirements, and application timelines governing the transaction under Nepalese banking laws.
Priority Rights for Existing Founder Shareholders
In compliance with prevailing corporate regulations and banking directives in Nepal, current founder shareholders are granted the statutory first right of refusal for founder equity transfers. NMB Bank Limited has opened the purchase window exclusively to existing founder members before considering external buyers.
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Interested founder shareholders are invited to submit their purchase applications within a 35-day window from the date of the official notice publication.
Application Guidelines and Submission Details
Eligible founder shareholders seeking to acquire the offered shares must complete the prescribed application process and submit all necessary documentation to the designated company office.
- Submission Office: Company Secretary Office, NMB Bank Limited, Babarmahal, Kathmandu.
- Application Window: Strictly 35 days from the notice publication date.
- Operational Mandate: Failure to submit application paperwork within the 35-day window will result in the forfeiture of priority rights for existing founder members.
Transaction Mechanism and Secondary Sale Phase
The transaction will proceed through a two-stage evaluation process depending on applicant response during the priority period:
- Mutual Agreement Stage: If qualifying applications are received from existing founder shareholders within the 35-day period, the purchase price and specific transaction terms will be negotiated directly between buyer and seller Kamal Singh Bhat under the facilitation of NMB Bank.
- External Sale Stage: If no applications are received from current founder shareholders by the deadline, NMB Bank will open the sale process to outside individual or institutional investors, subject to regulatory approvals.
Key Summary of the Founder Share Sale
- Institution: NMB Bank Limited
- Share Class: Founder Shares
- Total Quantity Offered: 24,155 Shares
- Registered Shareholder: Kamal Singh Bhat
- Priority Group: Existing Founder Shareholders
- Submission Location: Company Secretary Office, Babarmahal, Kathmandu
- Priority Deadline: 35 Days from Notice Date
For More: NMB Bank Founder Shares
