Garima Bikas Bank Promoters Offering Over 212,000 Shares to the Public and Institutions

Some promoter shareholders of Garima Bikas Bank Limited have decided to sell a total of 212,834.65 promoter shares. Earlier, a 35-day public notice was issued giving first priority to the existing promoter shareholders as per Nepal Rastra Bank’s Unified Directive No. 10/2081. However, since only partial applications were received within the deadline, the remaining shares will now be opened for sale to the general public and institutions.

As per the directive, interested individuals or institutions (other than existing promoters) must submit applications along with the required documents to the bank’s central office at Lazimpat, Kathmandu, within 15 days from the date of this notice, clearly stating the number of shares they wish to purchase.

For more details, applicants are advised to contact the bank’s central office at Lazimpat, Kathmandu.