Kumari Bank Puts 320948 Promoter Shares Up for Sale
9th August 2026, Kathmandu
Kumari Bank Limited has officially put 320,948 units of promoter shares up for sale.
KBL Puts 320948 Promoter Shares Up for Sale
The share lot is registered under the name of an existing promoter shareholder of the commercial bank.
In accordance with regulatory directives issued by Nepal Rastra Bank, existing promoter shareholders hold the primary right of refusal to purchase the shares.
Application Eligibility and Directives
At present, the acquisition offer is restricted exclusively to existing promoter shareholders of Kumari Bank Limited.
Interested promoter shareholders must submit their formal purchase applications within 35 days from the official notice publication date.
Application Submission Locations
Eligible shareholders can submit their applications along with the necessary supporting documents at two designated corporate locations:
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- First, Kumari Capital Limited located in Naxal, Kathmandu.
- Second, the Head Office of Kumari Bank Limited situated in Tangal, Kathmandu.
Pricing Structure and General Public Provision
The selling price per share for this promoter share lot will be determined directly by the seller.
Interested existing promoters are required to follow all application procedures and state their intent within the 35 day submission window.
If no applications are received from current promoter shareholders within the specified 35 day period, the bank will initiate steps to offer the uncollected shares to other individuals, institutions, or general investors, subject to applicable regulatory approvals.
Key Details Overview
- Company Name: Kumari Bank Limited
- Share Classification: Promoter Shares
- Total Volume Offered: 320,948 units
- Initial Eligible Applicants: Existing promoter shareholders
- Application Window: 35 days from notice publication
- Submission Centers: Kumari Capital Naxal or Kumari Bank Head Office Tangal
- Selling Price: As determined by the seller
- Contingency Option: Shares may be offered to external buyers or general public
Investor Implications and Future Steps
The share issuance gives existing promoter shareholders an opportunity to expand their equity participation in the financial institution.
Registered promoter shareholders interested in purchasing additional units must ensure their applications and documentation are delivered before the deadline.
If the share block remains unsubscribed following the primary period, general investors and external institutions may gain access to purchase these promoter shares under prevailing legal guidelines.
