Nabil Bank Auctioning 1,90,653 Promoter Shares of SWBBL
Nabil Bank Limited is auctioning the promoter shares of Swabalamban Laghubitta Bittiya Sanstha Limited. The auction will open on 6th Ashar i.e. today onwards and close on 15th Ashar, 2078.
1,90,653 unit promoter shares of the microfinance company will be auctioned. Individuals, institutions, and existing promoters are all eligible to bid for the auction.
Rs. 750 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 1000 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Nabil Invest has been appointed the auction manager for the auction.
