Bank of Kathmandu (BOKL) Auctioning Promoter Shares of RMDC Laghubitta and Chhimek Laghubitta from Today
Bank of Kathmandu Limited is auctioning the promoter shares of RMDC Laghubitta and Chhimek Laghubitta. The auction has opened from today, i.e. Magh 27, and will close on 3rd Falgun.
1,50,000 units promoter shares of RMDC Laghubitta Bittiya Sanstha Limited and 7,00,000 units of promoter shares of Chhimek Laghubitta Bittiya Sanstha Limited are being auctioned. Individual investors, companies, and institutions are all eligible to bid for the auction. While the minimum bid quantity is 100 units for the auction of both the shares, there is no upper limit. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Rs. 520 is the minimum bid rate for the auction of promoter shares of RMDC Laghubitta. Meanwhile, Rs. 600 is the minimum bid rate for the auction of promoter shares of Chhimek Laghubitta. The bid opening date will be declared in the upcoming notice.
