Kumari Bank to Sell 10,509 Promoter Shares

Kumari Bank Limited has announced the sale of a total of 10,509 promoter shares registered under various shareholders.

The bank has given priority to existing promoter shareholders, meaning only current promoters are eligible to purchase these shares.

Interested promoter shareholders must submit their application within 35 days to either Kumari Capital, Naxal (the bank’s share registrar) or the bank’s head office in Tangal.

If there are not enough applications within the given time frame, the bank has stated that the shares will be made available to the general public.