Kumari Bank Founder Share Sale Public Notice Issued
23rd January 2026, Kathmandu
Kumari Bank Limited has officially announced the sale of 22,678 units of its founder shares through a formal 35-day public notice. This announcement, published on Magh 8, 2082 (January 22, 2026), provides an exclusive opportunity for the existing eligible founder shareholders of the bank to increase their stake and consolidate their ownership within the institution.
Kumari Bank Founder Share
The bank issued this notice in strict compliance with the directives of Nepal Rastra Bank (NRB) and prevailing banking laws. These regulations require that any founder shares intended for sale must first be offered to the existing pool of founder shareholders before they can be made available to the general public or outside investors.
Details of the Kumari Bank Founder Share Sale
According to the official communication from the bank, a total of 22,678 units of founder shares are currently available for purchase. These shares are recorded in the name of the bank and are now being offered for redistribution among its primary owners.
Key parameters of the sale include:
Total Quantity: 22,678 Shares
Target Audience: Existing Founder Shareholders only
Application Deadline: 35 days from the date of the first publication (ending around Falgun 13, 2082)
Price: Interested applicants must contact the bank or the share registrar to confirm the base price, as it is determined based on the prevailing valuation norms and regulatory frameworks.
The Application Process and Eligibility
The bank has emphasized that only those who are currently registered as founder shareholders are eligible to apply during this initial 35-day window. If no valid applications are received from the existing founders within this period, the bank will then initiate the process to sell these shares to individual or institutional investors outside the founder group, as permitted by law.
The application procedure is as follows:
Written Application: Interested founders must submit a formal written application expressing their intent to purchase a specific number of shares.
Documentation: Applicants must include all necessary identification and financial documents required for founder share transactions under NRB guidelines.
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Submission Point: All applications must be directed to the Share Registrar, Kumari Capital Limited, located in Naxal, Kathmandu.
Role of Kumari Capital Limited
Kumari Capital Limited, a subsidiary of Kumari Bank, is serving as the official Share Registrar for this transaction. The capital firm is responsible for:
Verifying Applications: Ensuring that all applicants meet the legal “fit and proper” criteria.
Documentation Management: Handling the complex paperwork required for the transfer of ownership of founder shares.
Regulatory Liaison: Ensuring the entire process is transparent and reported accurately to the Securities Board of Nepal (SEBON) and Nepal Rastra Bank.
Governance and Strategic Importance
Founder shares are a vital component of the capital structure of any commercial bank in Nepal. Unlike ordinary shares, founder shares are subject to a longer lock-in period and carry different regulatory implications regarding the governance and stability of the bank.
The Kumari Bank Founder Share Sale is significant because:
Stability: It allows existing founders to maintain or increase their influence, preventing sudden shifts in the power balance of the bank.
Compliance: It helps the bank manage its shareholding patterns in line with the latest NRB circulars regarding promoter/founder ownership limits.
Market Confidence: A transparent, well-regulated sale process enhances the reputation of the bank for good corporate governance.
Conclusion: A Time-Sensitive Opportunity
The 35-day notice period is a critical window for any founder shareholder looking to expand their portfolio in one of the leading private-sector banks of Nepal. By following a structured and regulated process, Kumari Bank continues to uphold its commitment to its primary stakeholders while ensuring the bank’s capital remains in the hands of those dedicated to its long-term vision.
Eligible shareholders are encouraged to visit the Kumari Capital office in Naxal or contact the bank’s administration department at its Tangal headquarters for further clarification on the pricing and technical requirements of the bid.
For More: Kumari Bank Founder Share
