Kathmandu. Nabil Bank has been selling Rs 1,25,000. The bank has issued a total of 1,25,000 units of promoter shares held by its three promoter shareholders.

The bank’s promoter shareholder Jeet Bahadur Shrestha is selling 50,000 units of shares. Similarly, 50,000 units of shares owned by Jigyasha Aryal and 25,000 units of shares owned by Jash Shrestha are for sale.

Currently, only existing promoter shareholders of the bank can apply for the shares. For this, the applicant has to submit the sealed seal to the office of the company secretary at the central office of the bank at Durbar Marg, Kathmandu indicating the number of shares he wants to buy and the purchase price.

The minimum price of 25,000 units of shares owned by Jash Shrestha has been fixed at Rs 301.10 per share while the remaining 100,000 units have not been fixed at the minimum price of the shares. If the application for purchase of shares is not received from the promoter shareholders within 35 days, the process will be forwarded to sell the remaining shares to the general public.