Swarojgar Laghubitta Opens Sale of 3,500 Promoter Shares to General Public

Kathmandu — Swarojgar Laghubitta Bittiya Sanstha Limited has opened the sale of 3,500 promoter shares to the general public after failing to receive sufficient applications from existing promoter shareholders.According to the company, the shares—held under the name of promoter shareholder Jagadish Sah—were initially offered to existing promoters with a 35-day notice period, as required by Nepal Rastra Bank regulations. However, due to a lack of applications within the stipulated timeframe, the company has now invited the general public to apply.Interested investors can submit their applications within 35 days from the date of publication of the notice. Applications must be submitted in writing, along with the required documents, to the company’s central office located in Banepa-5, Kavrepalanchok, during office hours.The company stated that the decision to proceed with the sale was made by its board of directors following a formal request from the concerned shareholder, and the process is being carried out in compliance with prevailing regulatory guidelines.This move provides an opportunity for public investors to acquire promoter shares, which are typically restricted, and may lead to changes in the company’s shareholding structure depending on investor participation.