Citizens Bank Promoter Share Up for Sale, Open to General Investors

Citizens Bank International Limited has put Promoter Share for sale, and this time, general investors are also eligible to apply.

A total of 50,000 Promoter Share under the name of Arun Bhagat have been offered at a minimum price of Rs. 116 per share, while 54,811.57 founder shares under the name of Yadunath Ghimire are up for sale at a minimum price of Rs. 120 per share.

Applicants must bid either at the minimum set price or higher through an auction process.

Interested investors must apply within 7 days for Bhagat’s shares and within 35 days for Ghimire’s shares. Applications should be submitted at the bank’s central office in Narayanhiti, Kathmandu.