Last day to bid 7 lakh units ordinary shares of Taragaon Regency Hotel; LTP stood at Rs.245

Interested investors acquiring the shares of Taragoan Regency Hotel Limited (TRH) have one more day to file their bids for the auctioned ordinary shares. The deadline for submitting bids for the auctioned ordinary shares of Taragaon Regency Hotel is ending today (Ashad 24, 2073).The bid will open to conclude the auction on the same day at 3:15 PM. Earlier, the auction was cancelled due to the internal dispute between Taragaon Regency Hotel and Nepal Bank Limited. The minimum bid amount has been set at Rs 216. Interested applicants must bid for a minimum of 100 units of the scrip or above but the number of scrip applied should be divisible by 10. Siddhartha Capital Limited is the issue manager for this auction which is located at Hanumansthan Bhawan, Anamnagar, Kathmandu. The total bid amount must be deposited to the Account Number 00115208745 of Siddhartha Bank Limited. The last traded price of Hotel Taragaon Regency stood at Rs 245.