Nepal Finance Limited Puts Over 1 Million Promoter Shares on Sale, Applications Open Until Asar 1

Nepal Finance Limited has announced the sale of 1,090,371.187 units of unsold promoter shares, opening them up for purchase by any interested individuals or institutions.

The minimum price per share is set at NPR 100, and the shares are available to anyone willing to participate. Interested buyers must submit a sealed bid specifying the quantity and price per share they are willing to offer.

Applications must be submitted from today until Asar 1, through a confidential sealed bidding process. Bidders can apply for a minimum of 1,000 units and up to the entire available quantity.

This sale is expected to alter the ownership structure of the company, as promoter shares will transition into the hands of general investors.

Detailed information and bid forms can be obtained from the Nepal Finance Limited office or its official website.