14th February 2025, Kathmandu
Ganapati Laghubitta Bittiya Sanstha has announced the sale of 248,931 founder shares, exclusively available to its current founder shareholders. This move marks an important phase in the institution’s efforts to restructure its shareholder base.
Ganapati Laghubitta Founder Share Sale
Exclusive Offer for Founder Shareholders
The 248,931 shares are reserved solely for the institution’s founder shareholders. Only these shareholders are eligible to purchase the shares. The institution has emphasized that no other parties can apply at this stage. Founder shareholders have 35 days to submit their applications.
Submission Deadline and Process
Interested founder shareholders must submit their applications within the specified 35-day period. Applications should be directed to the central office located in Shuklagandaki-4, Dulegaunda, Tanahu. The deadline for submissions is strict, and late applications will not be entertained.
Sale to External Buyers if No Applications Received
If no applications are received from the founder shareholders by the deadline, the institution will open up the sale to other individuals and organizations. This approach ensures that the shares do not remain unsold and helps maintain the institution’s financial stability.
Importance for Shareholder Base and Institutional Growth
This sale is a critical part of Ganapati Laghubitta’s strategy to enhance its financial structure and increase shareholder participation. The founder shareholders will have the opportunity to increase their stakes in the institution. However, if no applications are submitted within the given period, the shares will be sold to external buyers, potentially altering the ownership structure.
Strategic Move for Institutional Strengthening
By offering the shares exclusively to its current shareholders, Ganapati Laghubitta aims to strengthen its foundation. If the shares are not purchased by the current shareholders, the sale to external parties will bring in new investors, which could impact the current ownership dynamics.
Next Steps and Potential Impact
The process of selling founder shares is a significant step in the institution’s growth strategy. It allows existing shareholders to increase their investment but also opens the possibility for new investors if the current shareholders do not show interest. This sale will be key in shaping the institution’s future.
Conclusion
Ganapati Laghubitta Bittiya Sanstha is offering its founder shares to existing shareholders for a limited time. If no applications are received within the designated period, the shares will be made available to external buyers. This move is part of the institution’s efforts to strengthen its shareholder base and secure its financial future.
For more: Ganapati Laghubitta Founder Share Sale
