2,755,253 Promoter Shares of Kumari Bank (Former Nepal Credit and Commerce Bank) in Auction from Today
Kumari Bank Limited (Former Nepal Credit and Commerce Bank Limited) is selling its 27,55,253 units promoter share in an auction from today i.e. 26th Magh to 11th Falgun, 2079.
27,55,253 units of promoter shares will be auctioned. Individual investors, companies, and institutions are all eligible to bid in an auction. Rs. 138 is the minimum bid rate. The minimum bid quantity for promoters’ shares is 1000 units. Although bidders can bid for the entirety of the issue, they are required to abide by the Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Sunrise Capital Limited is the auction manager. Bids will open at the premises of the auction manager on Falgun 14 starting at 11 am that day.
