Nepal Investment Mega Bank Promoter Shareholder Puts 807,609 Units Shares Up for Sale
5th November 2026, Kathmandu
Nepal Investment Mega Bank Limited (NIMB) has initiated the sale process for 807,609 units of promoter shares owned by one of its promoter shareholders.
NIMB Promoter Shareholder Shares
The bank has extended a 35-day priority purchase window exclusively to its existing promoter shareholders.
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Key Details of the Promoter Share Sale
The transaction is being executed in accordance with prevailing legal and regulatory frameworks governing promoter shares.
- Total Shares Offered: 807,609 units of promoter shares.
- Application Window: 35 days from the date of the public notice.
- Target Buyers (First Phase): Existing promoter shareholders of Nepal Investment Mega Bank.
- Sale Conditions: The seller submitted an application seeking necessary approval to sell the shares partially or in full, prompting the bank to offer the preemptive purchase right to existing promoters.
Secondary Phase Provisions
The bank has outlined the recourse should existing promoter shareholders decline the offer.
- Secondary Offering Window: If no applications are received from existing promoter shareholders within the stipulated 35-day period, or if the offered shares remain unsubscribed, the remaining units will be opened for sale to the general public, other individuals, and institutions.
- Regulatory Compliance: All subsequent sale procedures will adhere strictly to current financial laws and regulatory directives set by the governing authorities.
For More: NIMB Promoter Shareholder Shares
