Nepal Investment Mega Bank Limited has put 118,154 founder shares registered under its founder shareholders up for sale. The shares have been offered by 8 founder shareholders of the bank.
According to the bank, at this stage, the shares can be purchased only by the existing founder shareholders. Interested founder shareholders are required to submit their applications within 35 days. If no application is received within this period, the remaining shares will be opened for purchase to any individual or institution.
This move is expected to enhance transparency and clarity in ownership management among the bank’s founder shareholders.
