Green Development Bank Limited (GRDBL) has officially announced a revision in its shareholding structure, shifting the promoter-public shares ratio from the previous 55%–45% to a new 51%–49% split. This change was approved by Nepal Rastra Bank.
Currently, GRDBL has 5,387,220 shares listed on the Nepal Stock Exchange (NEPSE). Previously, the promoter group held 55% of the shares, amounting to 2,962,971 units, while the public held 45%, or 2,424,249 units. Under the new structure, the promoters now hold 51%, equivalent to 2,747,482 shares, and the public holds 49%, or 2,639,738 shares.
This adjustment adds approximately 215,489 shares to the public’s holding, further broadening public ownership.
GRDBL’s shares closed at Rs. 709.00 on the NEPSE today.
Highlights:
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