2,00,639 Unit Promoter Shares of Lumbini Bikas Bank in Auction from Today to General Public/Institutions
The existing promoter of Lumbini Bikas Bank Limited (LBBL) is auctioning 2,00,639 units of shares to the interested general public/institutions from today.
Bil Bahadur Gurung and Bindu Kumar Thapa, the LBBL promoters are selling 1467,48 units and 53,891 units of promoter shares to the general public/institutions. The notice has already been published before to the existing promoter shareholders and since no application has been received from existing founder shareholders within the specified timeframe, the shares are now opened for auction to the general public and institutions.
Interested individuals are requested to bid for the auction within 15 days from this notice's publication date, i.e. 21st Kartik. The investors should submit their bids at the company's central office located at Dillibazar, Kathmandu.
LBBL closed at Rs. 371.00 yesterday. Meanwhile, LBBLPO has an LTP of Rs. 182 as of 4th June 2023.
