Wednesday, June 18, 2025

Prabhu and Chhimek open sale of promoter shares

Kathmandu, June 17

Prabhu Bank Limited and Chhimek Laghubitta Bittiya Sanstha Limited have opened the sale of their promoter shares.
Sealed bids have been invited from Tuesday for the sale of 9,882 shares of Prabhu Bank and 244,480 shares of Chhimek Laghubitta – a microfinance institution.
The companies have set a minimum price of Rs. 100 per share for Prabhu and Rs. 390 per share for Chhimek through auction.
Interested bidders must apply for a minimum of 1,000 shares of Prabhu and 50,000 shares of Chhimek before June 24. Applications should be submitted to the sales manager, Muktinath Capital Limited.
According to the companies, individual or institutional bidders must submit, along with the application form, a copy of their registration certificate (in case of institutions/companies), tax clearance certificate, a copy of the board decision authorising the purchase of shares, and documents verifying that the institution has been operating at a profit for the past two fiscal years.

Published in The Rising Nepal daily on 18 June 2025. 

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