80,500 Promoter Shares of FMDBL in Auction From Today
Global IME Bank Limited is auctioning the promoter shares of First Microfinance Laghubitta Bittiya Sanstha Limited. The auction has opened today, i.e. 20th Shrawan, 2078, and will close on 26th Shrawan, 2078.
80,500 units promoter shares of the company will be auctioned. Existing promoters, individuals, and institutions are all eligible to bid for the shares.
Rs. 300 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 1000 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Global IME Capital has been appointed the auction manager. Bids will be opened at the premises of the auction manager on Shrawan 27, starting at 3 pm.
