Last Day to Bid for 11,753 Promoter Shares of Swabalamban Laghubitta (SWBBL)

Wed, Nov 17, 2021 6:52 AM on Latest, Auction,

The existing promoter of Swabalamban Laghubitta Bittiya Sanstha Limited has been auctioning the company's promoter shares. The auction opened on 25th Kartik and will conclude today, i.e. on 1st Mangsir, 2078 at the end of banking hours.

11,753 units promoter shares are auctioned. Individuals and institutions are all eligible to bid for the auction. Rs. 675 is the minimum bid rate. While the minimum bid quantity is 1,000 units, 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.

NIBL Ace Capital has been appointed the auction manager. Bids will be opened at the premises of the auction manager starting at 10 am that day.

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