81,500 Promoter Shares of FMDBL in Auction from Today
Global IME Bank Limited is auctioning the promoter shares of First Microfinance Laghubitta.
The bank is auctioning 81,500 promoter shares of the microfinance company. The auction has opened today, i.e. on 23rd Chaitra, 2077, and will close on 26th Baisakh, 2078.
Individuals, existing promoters, companies, and institutions are all eligible to bid for the auction. The minimum bid rate is Rs. 300. While the minimum bid quantity should be 1,000 units, there is no upper limit. Nonetheless, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Global IME Capital is appointed the auction manager. Bids will be opened at the premises of the auction manager on Baisakh 27, starting at 3 pm that day.
