Bids Received for Auctioned Shares of NABBC Will Be Opened Today
The bids received in the auction of shares of Narayani Development Bank Limited (NABBC) will be opened today.
The company auctioned its promoter and ordinary rights shares from the 3rd of Chaitra. The auction closed on 10th Chaitra at the end of banking hours.
The company had opened its rights offering from Magh 13 to Falgun 03. 15,974 promoter rights shares and 6,583 ordinary rights shares (including 116 unclaimed shares in the previous 2: 1 rights offering) were unclaimed by eligible investors. The company auctioned the same unclaimed rights shares.
All individuals, institutions, and companies were eligible to bid for the auction. Global IME Capital is the auction manager for this auction. Bids will be opened today starting at 1 pm at Global IME Capital. The program will also be streamed live via the auction manager's Facebook page.
