Himalayan Bank has put more than 1.28 million shares up for sale. A total of 1,282,588 shares belonging to the bank’s promoter (founder) group have been offered.
For now, only existing promoter shareholders of the bank are eligible to apply for the purchase of these shares. Interested promoter shareholders must submit their applications within 35 days.
Applications can be submitted to the Legal Department of Himalayan Bank located at Kamaladi, Kathmandu.
The bank has stated that if no applications are received from promoter shareholders within the specified period, the shares will be opened for sale to other individuals and institutions.