Reliable Venture Capital Announces Sale Of 525,000 Promoter Shares
2nd August 2026, Kathmandu
Reliable Venture Capital Limited has announced the sale of 525,000 promoter shares worth approximately Rs. 66.16 million following a formal transfer request from a promoter shareholder.
Reliable Venture Promoter Shares Sale
The company has fixed the minimum selling price at Rs. 126.01 per share, placing the total value of the share offering at Rs. 66,155,250.
First Purchase Priority Granted To Existing Promoters
In compliance with corporate regulations, existing promoter shareholders have been granted the first right of purchase:
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- Application Window: Eligible promoter shareholders must submit their purchase applications within 15 days from the notice publication date.
- Initial Offering Limit: Only registered existing promoter shareholders are permitted to apply during this primary period.
Sealed Bid Submission Procedure
Interested promoter shareholders must adhere to the formal application protocol outlined by the company:
- Form Acquisition: Application forms can be obtained directly from the company upon payment of a non-refundable fee of Rs. 100.
- Application Details: Applicants must clearly state the total number of shares they intend to buy along with their proposed offer price.
- Submission Mode: Completed forms must be submitted in a sealed quotation format within the prescribed 15-day deadline.
Provisions For General Share Sale
If no valid applications are received from existing promoter shareholders within the 15-day timeframe, Reliable Venture Capital will initiate the sale to other eligible individual or institutional investors outside the promoter group in accordance with regulatory procedures.
For More: Reliable Venture Promoter Shares Sale
