Himalayan Bank Puts Promoter Shares Up for Sale

Himalayan Bank Limited has announced the sale of its 214,492.67 units of promoter shares, currently held under the names of 9 promoter shareholders.

According to the bank, these shares are available for purchase only by existing promoter shareholders at this stage. Interested promoters must submit their applications within 35 days at the bank’s Legal Department, Heritage Plaza, Kamaladi, Kathmandu.

The price of the shares will differ depending on the seller, and further details can be obtained directly from the Legal Department.

The bank has also stated that if sufficient applications are not received within the given timeframe, the shares will then be opened for sale to the general public.