October 13, 2026

Lumbini Bikas Bank Puts 60,709 Founder Shares Up for Sale

13th October 2026, Kathmandu

Lumbini Bikas Bank Limited has placed 60,709 unit founder shares up for sale, initially targeting existing promoter shareholders.

The development bank initiated the share auction process following a sale application submitted by an existing founder shareholder.

Share Volume: A total of 60,709 unit founder shares are offered for acquisition.
Selling Shareholder: The shares belong to bank promoter shareholder Kishor Raj Pandey.
Initial Eligibility: The offer is strictly reserved for existing founder shareholders of the bank in the first phase.
Application Window: Interested existing promoter shareholders must submit their purchase applications within 35 days from the notice publication date.
Application Submission Location: Applications must be delivered to the bank’s Central Office located in Dillibazar, Kathmandu.
Secondary Open Offer Clause: If existing founder shareholders do not submit purchase applications within the specified 35-day deadline, the bank will open the shares for sale to other interested individuals and institutional entities.