Kumari Bank Promoter Shares Sale Nepal: Exclusive Opportunity to Buy Limited Stock
22nd April 2025, Kathmandu
Kumari Bank Limited has announced the sale of 506,972 promoter shares. These shares are only available to existing promoter shareholders for now.
Kumari Bank Promoter Shares Sale
Promoter shareholders who want to purchase the shares must act quickly. The bank has given them 35 days to apply. They can submit their applications at Kumari Bank’s head office in Tangal or Kumari Capital Limited in Naxal, Kathmandu.
Only those who already hold promoter shares are eligible to apply. This internal offering gives them the first chance to buy more shares and increase their stake in the bank.
Price Set by Seller
The selling price for the shares will be based on the value determined by the seller. Kumari Bank has not made the price public. Interested promoters must contact the bank or Kumari Capital to know the details.
Plan to Open Sale to Others If Needed
If no promoter shareholders apply within the deadline, Kumari Bank will open the sale to the public. This means individuals or institutions who are not current promoters could get a chance to buy the shares later.
This step-by-step process follows standard practice in Nepal’s banking sector. Companies often give their promoters the first right to buy when selling founder shares.
Maintaining Internal Ownership
Promoter shares are usually held by founding members, directors, or investors with long-term goals. These shares often carry special rights, including more voting power.
By selling these shares internally first, Kumari Bank is protecting its ownership structure. This approach also helps ensure that key decisions stay in the hands of trusted insiders.
Strategic Move for Long-Term Strength
Kumari Bank is one of Nepal’s leading commercial banks. This move signals a strategy to strengthen capital and maintain leadership continuity. Selling shares to existing promoters helps keep the bank stable and focused on long-term growth.
Promoter shareholders now have a chance to reinforce their position in the bank. The 35-day window gives them time to make decisions and prepare applications.
How to Apply
Interested promoter shareholders must complete the application process on time. They can visit:
Kumari Bank’s head office in Tangal, or
Kumari Capital Limited in Naxal
The bank will proceed with the next steps after the 35-day period. If promoters don’t apply, the bank will explore options to bring in new investors.
Conclusion
Kumari Bank is offering over half a million promoter shares to its current insiders. The move supports internal growth and sets the stage for possible external investment if needed. Promoter shareholders must act within 35 days to take part in this important opportunity.
For more: Kumari Bank Promoter Shares Sale
