Lumbini Bikas Bank Opens Sale of 151 585 Promoter Shares to General Public
7th October 2026, Kathmandu
Lumbini Bikas Bank Limited has issued a 15 day public notice for the sale of 151,585 units of promoter shares.
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Lumbini Bank Promoter Shares
The offering includes 8,000 units owned by promoter shareholder Thakur Prasad Baral and 143,585 units owned by Venture Holdings Pvt. Ltd. formerly Venture Trading and Investment Pvt Ltd.
Background and Regulatory Context
- First Notice Details: A 35-day notice was previously published in Himalayan Times Daily on Ashwin 17, 2083 offering the shares exclusively to existing promoter shareholders.
- Reason for Public Opening: Since no existing promoter shareholders submitted purchase applications within the initial 35-day period the bank has now opened the sale to other interested individuals and institutional investors.
- Second Notice Publication Date: Ashwin 21, 2083
Application Process and Guidelines
- Eligible Applicants: Individuals and corporate entities that meet the eligibility criteria prescribed by Nepal Rastra Bank for promoter share purchase
- Application Window: Interested buyers must submit their applications within 15 days from the notice publication date
- Application Submission: Submissions must include all required documentation and details proving eligibility and be delivered to Lumbini Bikas Bank Head Office located at Sunrise Biz Park Dillibazar Kathmandu
For More: Lumbini Bank Promoter Shares
