Garima Bikas Bank Puts Over 350,000 Shares Up for Sale

Garima Bikas Bank has announced the sale of 360,082.43 shares from its promoter group, providing a dual opportunity for its existing promoter shareholders and the general public to invest. This move marks a significant development in the bank's capital strategy.

Distribution and Deadlines

The sale is structured as follows:

1. For Existing Promoter Shareholders:

   • Allocation: 251,952.11 shares are exclusively reserved.

   • Deadline: Promoter shareholders must apply within 35 days.

   • If unclaimed, these shares will be offered to the public.

2. For General Investors:

   • Allocation: 108,130.32 shares are open for purchase by individuals and institutions.

   • Deadline: Applications must be submitted within 15 days.