Manjushree Finance to Sell Founder Shares
Manjushree Finance is set to sell 129,032 founder shares held in the name of founder shareholder Numanath Poudel. The shares are being offered exclusively to existing founder shareholders, who must apply within 35 days at the company's central office.
Kathmandu. Manjushree Finance is going to sell founder shares. The company is preparing to sell 129,032 units of shares held in the name of founder shareholder Numanath Poudel. However, the per-unit price of the shares has not been fixed.
The company has called for the sale of these shares, allowing only existing founder shareholders to purchase them.
For the purchase of these shares, within 35 days from the date of publication of the notice, existing founder shareholders must submit an application at the company's central office in New Baneshwor, Kathmandu, specifying the number of shares they wish to buy.
If no applications are received from existing founder shareholders within the stipulated period, the company has stated that the shares will be sold to other individuals and institutions.