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Kumari Bank’s 81,844 Shares for Sale: Exclusive to Founder Shareholders

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Nepse trading

Kumari Bank’s 81,844 Shares for Sale: Exclusive to Founder Shareholders

Kumari Bank Limited has put 81,844 founder shares up for sale, exclusively for its existing founder shareholders. Interested shareholders must submit applications within 35 days at Kumari Capital in Naxal or the bank’s head office in Tangal. The sale price will be as determined by the seller. The bank has stated that if no applications are received from existing founder shareholders within the stipulated time, the shares will be offered to the general public.

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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