MLBL Mahalaxmi Bikas Bank Opens Promoter Shares for Public Sale

Mahalaxmi Bikas Bank Limited has announced the public sale of its promoter shares. Now, any individual or organization is eligible to purchase these shares.

Previously, the shares were offered only to existing promoter shareholders, but the bank has now opened the opportunity for the general public and institutions as well.

Interested investors must submit an application within 7 days at the bank’s central office in Durbarmarg, Kathmandu. However, the number of shares and their price have not been disclosed yet.

This move is expected to provide an opportunity for external investors interested in acquiring promoter-level shares of the bank.