Nabil Bank to sell its founder shares, how long can the application be granted?

KATHMANDU: Nabil Bank Limited will issue 150,000 founder shares. Because some of the bank’s founder shareholders have applied to sell the shares in their names, the bank is about to sell the said shares.

The bank had already published a public notice giving priority to existing founder shareholders in order to purchase the shares.

However, because no application for the purchase of those shares has been received, other individuals, organizations, and the general public, including the bank’s existing founder shareholders, are now eligible to apply.

Candidates interested in purchasing the aforementioned shares should contact the bank’s share registrar, Nabil Investment Banking, within 7 days of the notice’s publication.