Prime Commercial Bank Issues Notice for Sale of Promoter Shares

Prime Commercial Bank Limited has issued a public notice regarding the sale of promoter shares after an existing promoter shareholder submitted a written request to sell their holdings. The bank’s Board of Directors, in its 547th meeting held on Mangsir 5, 2082 (November 21, 2025), decided to open the purchase opportunity to interested existing promoter shareholders.

According to the notice, any interested promoter shareholder currently registered with the bank must contact the Company Secretary’s Office within 35 days from the date of publication (Mangsir 8, 2082).

If no applications are received within the given timeframe, the bank will consider the shares as “unclaimed” in accordance with the Bank and Financial Institution Act, 2073, Nepal Rastra Bank’s directives, and other prevailing laws. The bank will then proceed to find and sell those promoter shares to new interested individuals.

The notice also mentions that details regarding the selling promoters—including their names and the share sale price—can be obtained by contacting the Company Secretary’s Office.