Narayani Development Bank Promoter Offers 1,93,894 Shares for Sale; Interested Parties Given 7 Days to Apply

Narayani Development Bank Limited has announced that one of its existing promoter shareholders is selling 1,93,894 promoter shares. The shareholder has formally submitted a request to sell these shares, and the bank has proceeded with the process in accordance with Nepal Rastra Bank’s directives.

Earlier, the bank had published a notice on 2082/06/29 and 2082/06/30, giving first priority to existing promoter shareholders to purchase the shares, as required by regulation. However, since no promoter shareholder submitted a claim within the deadline, the bank has now opened the opportunity to other interested individuals, institutions, or entities to purchase the promoter shares.

As per the newly issued second notice, any interested promoter shareholders or other eligible buyers must submit their application within 7 days from the date of publication of this notice. Applicants must submit the required documents along with details specifying the number of shares they wish to purchase.

Applications must be submitted at the bank’s central office located in Bharatpur-10, Bypass Road, Chitwan. The bank has stated that if no applications are received within the deadline, the next steps will be taken as per Nepal Rastra Bank regulations.

For more information, interested parties may visit the bank’s website (www.ndbl.com.np) or contact the bank at 056-590011 / 056-590012.