Nepal Finance Limited (NFS) To Auction 11.16 Lakh Promoter Shares From Ashad 29
The existing promoters of Nepal Finance Limited (NFS) are selling 11,16,616.187 units of promoter shares in an auction to the general public from today i.e. 29th Ashad to 12th Shrawan, 2080.
The existing promoters, the general public, and institutions are all eligible to bid for the auction. Rs. 100 is the minimum bid rate for the auction. The minimum bid quantity for the shares is 1000 units. 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.
Prabhu Capital has been appointed as the auction manager.
