NIC Asia Bank Auctioning 4,27,595 Promoter Shares of RMDC Laghubitta From Today

Sun, May 30, 2021 10:27 AM on Latest, Auction,

NIC Asia Bank Limited is auctioning the promoter shares of RMDC Laghubitta Bittiya Sanstha Limited.

4,27,595 units promoter shares of RMDC Laghubitta will be auctioned from today, i.e. 16th Jestha to 31st Jestha, 2078. Existing promoters, the general public, and institutions can all bid for the auction.

Rs. 477 is the minimum bid rate. While the minimum bid quantity for shares is 100 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.

Auction notice