Lumbini Bikas Bank Opens Sale of 1,803 Founder Shares for Existing Promoter Shareholders
4th October 2026, Kathmandu
Lumbini Bikas Bank Limited has officially put 1,803 units of founder shares up for sale.
Lumbini Bank Founder Shares
The offering was initiated after founder shareholder Diwakar Kucheria formally submitted an application to sell his equity stake in the bank. In accordance with regulatory guidelines, the primary purchase right is initially reserved exclusively for the bank’s existing founder shareholders.
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Sale Terms and Application Guidelines
- Total Shares Offered: A total of 1,803 units of founder shares are currently available for acquisition.
- Selling Shareholder: The equity stake belongs to existing founder shareholder Diwakar Kucheria.
- Eligible Applicants: At this initial stage, only existing founder shareholders of Lumbini Bikas Bank Limited are eligible to apply for the purchase of these shares.
- Application Period: Interested existing founder shareholders must submit their purchase applications within 35 days from the date of official notice publication.
- Submission Location: Purchase applications must be delivered directly to the bank’s Head Office located in Dillibazar, Kathmandu.
Secondary Contingency
The bank confirmed that if no applications are received from existing founder shareholders within the designated 35-day window, the shares will subsequently be opened for sale to the general public and other individual or institutional investors.
For More: Lumbini Bank Founder Shares
