Garima Bikas Bank converts 3.15 lakh unit promoter shares into public; Promoter holding dilutes to 51%

As per the notice published in Nepse, 3,15,884.86 unit promoter shares into public. This has diluted the promoter holding to 51% now. 

Garima Bikas Bank is a national level development bank with a paid-up capital of Rs 2.53 arba. The company had recently distributed 15% bonus shares to the shareholders. 

The stock was last traded at Rs 207.