Sanima Bank’s “8.25% Sanima Perpetual Non Cumulative Preference Shares" Listed on NEPSE

Summary

Sanima Bank Limited has listed 2 crore units of its 8.25% Perpetual Non Cumulative Preference Shares on the Nepal Stock Exchange, valued at Rs. 2 arba. Trading will start on Jestha 08, 2083 but only among institutional investors.

Key Points
  • Sanima Bank Limited listed 2 crore units of 8.25% Perpetual Non Cumulative Preference Shares on NEPSE.
  • The total paid-up value of the issue is Rs. 2 arba with a face value of Rs. 100 per share.
  • Trading of the preference shares will commence from Jestha 08, 2083 in the secondary market.
  • Only institutional investors are allowed to trade these shares; general public and licensed securities intermediaries cannot trade them.
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