Kamana Sewa Bikas Bank Issues Notice on Founder Share Purchase Process

2nd July 2026, Kathmandu

Kamana Sewa Bikas Bank Limited has officially published an administrative notice regarding the purchase of its founder shares.

KSBBL Founder Share Purchase

The announcement primarily serves to inform its existing founder shareholders about their legal pre-emptive rights regarding newly available equity units.

The circular was released to ensure full compliance with the regulatory frameworks established by the central banking authority. It opens a specific window for internal stock adjustments before any ownership rights are introduced to external purchasers.

REGULATORY ALIGNMENT AND PRE-EMPTIVE RIGHTS

According to the official communication issued by the financial institution, several existing founder shareholders have formally applied to liquidate their holdings. The total volume of equity put forward for transaction amounts to 5,000 individual founder shares.

In strict alignment with the central bank directives, existing owners of founder equity are given the absolute highest priority during the redistribution process. The system ensures that initial promotion teams retain options to expand their financial stake before outside parties can intervene. The internal allocation rules prioritize stability across several operational areas:

• Maintenance of Capital Proportions: Allowing current institutional and individual promoters to protect their overall percentage of voting power.
• Compliance with Banking Directives: Adhering closely to the central banking unified codes regarding internal financial adjustments.
• Risk Minimization: Ensuring that high-value ownership blocks remain within a verified circle of internal promoters.

APPLICATION DEADLINE AND EXECUTIVE PROCEDURES

Interested founder shareholders who wish to purchase the offered units are required to submit a physical application directly to the corporate headquarters. The central office of the development bank is located along Aanand Bhairab Marg in Gyaneshwor, Kathmandu.

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The formal application must be accompanied by all required corporate and identification documents specified in the official guide sheets. Eligible buyers must explicitly declare the exact number of shares they intend to purchase during the submission phase.

The management has specified a rigid timeline for the collection of these investment requests:

• Submission Window: Applications must reach the central office within 35 days from the official publication date of the notice.
• Verification Process: Internal corporate secretaries will audit the financial status and validity of each applicant.
• Alternative Distribution: If no applications are received from eligible founder shareholders within the specified period, the bank will initiate external equity transfers.

The bank stated that the alternative transfer process will move forward to accommodate other eligible third-party buyers in accordance with prevailing corporate laws and regulatory requirements. This ensures that the selling shareholders can successfully complete their transactions even if internal demand remains low.

CONTINUOUS INSTITUTIONAL POSITIONING

Kamana Sewa Bikas Bank Limited operates as a leading national-level development bank within Nepal. The commercial enterprise has established a strong presence across various provinces by delivering specialized banking products and retail credit programs.

The ongoing management of promoter equity is part of standard corporate governance procedures designed to stabilize the long-term capital base of the organization. By updating its stock registries systematically, the financial institution maintains transparent operations for its broader retail consumer base.

For More: KSBBL Founder Share Purchase