Mahalaxmi Development Bank to sell 69,580 founder shares

Kathmandu, March 30

Mahalaxmi Development Bank Ltd. is going to sell its founder shares. The company is about to sell 69,580 founder shares.

As per the directive of Nepal Rastra Bank, the first priority should be given to the founding shareholders. The company has also stated that if no application is received for the purchase of shares within the said period, the necessary process for selling the shares will be taken forward as per the prevailing law.