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.