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Kumari Bank Puts 4,546,000 Promoter Shares Up for Sale

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Nepse trading

Kumari Bank Puts 4,546,000 Promoter Shares Up for Sale

Kumari Bank has offered 4,546,038 promoter shares for sale. Existing promoter shareholders can apply within 35 days starting February 23 at the bank’s head office in Tangal or Kumari Capital’s office in Naxal, Kathmandu. The share price will be determined by the seller. If unsold within the period, the bank will offer the shares to other individuals or entities.

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    ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    NEPSE trading

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    9 May, 2025