Himalayan Bank Limited (HBL) has released a public announcement concerning the sale of promoter shares owned by Habib Bank Limited, a key promoter shareholder.
According to the announcement, current promoter shareholders of HBL are urged to file their applications for purchasing the shares within 35 days from the date of the notice. Applications should be directed to the Legal Department of the bank situated at Heritage Plaza, Kamaladi, Kathmandu.
The shares being made available are held by Habib Bank Limited, totaling 2,80,12,447.45 promoter shares, with a minimum price established at Rs. 112.80 per share. Should there be no applications received from existing promoter shareholders within the specified timeframe, the bank will move forward with the sale of shares to alternative individuals or entities in accordance with applicable laws.
