Multipurpose Finance to auction 2.48 Million units of unsubscribed right shares; bids accepted from Ashwin 30 to Kartik 7, 2076

Multipurpose Finance Limited (MPFL) is selling 2.48 Million units of unsubscribed right shares through auction. The bids will be accepted from Ashwin 30 to Kartik 7, 2076.

The company is auctioning 1,860,721 units of promoter shares and 626,557 units of ordinary shares. Civil Capital Market has been appointed as the issue manager.

The minimum bod amount is set at Rs.100 per share. Bids below the minimum bid amount will be deemed invalid.

Application forms for the same can be obtained from Civil Capital, MPFL central office, outside valley branches of Civil Bank and Baglung and Mahendranagar branch of Century Bank for Rs.100 per form.

The bid amount should be either transferred to Civil Bank’s account no. 00210000482018 or Century bank’s account no. 0010001494CA.

MPFL had issued 3.58 Million units as 864.47% right shares.