Founder Shareholders Exit Prime Commercial Bank as Founder Shares Placed for Sale
14th October 2026, Kathmandu
Prime Commercial Bank Limited has placed founder shares on the market, allowing existing founder shareholders to purchase the offered equity stake.
Founder Shareholders Exit Prime Bank
Founder Share Sale Framework and Bid Submission Timeline
The commercial bank initiated the founder share transaction process following a formal decision by its board of directors.
- Share Sale Announcement: Prime Commercial Bank Limited has offered founder shares owned by existing founder shareholders for purchase and transfer.
- Board Approval Details: The decision to put the founder shares on sale was finalized during the 573rd meeting of the board of directors held on Ashwin 19, 2083 (October 5, 2026).
- First Rights of Refusal: Existing founder shareholders are given first priority to purchase the offered founder shares.
- Application Window: Interested existing founder shareholders must submit a written application to the Company Secretary Office within 35 days from the notice publication date.
- General Public Offering Clause: If no purchase applications are received from existing founder shareholders within the designated 35-day deadline, the bank will open the share sale process to general individual and institutional investors.
For More: Founder Shareholders Exit Prime Bank



