NIC Asia Bank Auctioning Promoter Shares of These Companies From Today
NIC Asia Bank Limited is auctioning 3,81,902 units promoter share of Citizen Investment Trust (CIT) from 2nd Magh to 7th Magh, 2078.
Only banks, financial institutions, and insurance companies are eligible to bid for this auction. Rs. 1,183 is the minimum bid rate and 100 is the minimum bid quantity.
NIC Asia Bank Limited is also auctioning 3,00,065 units promoter share of RMDC Laghubitta Bittiya Sanstha Limited (RMDC) during the same time period. Rs. 494 is the minimum bid rate and 1000 is the minimum bid quantity.
Individuals, institutions, and existing promoters can all bid for the auction.
Similarly, the bank is auctioning 83,829 units promoter share of Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) during the same time period. Rs. 484 is the minimum bid rate and 100 is the minimum bid quantity.
Individuals, institutions, and existing promoters can all bid for the auction.
NIC Asia Bank Limited is also auctioning 11,254 units promoter shares of Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) during the same time period. Rs. 640 is the minimum bid rate and 500 is the minimum bid quantity. There is no upper limit. Although bidders can bid for the entirety of the auction, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Individuals, institutions, and existing promoters can all bid for the auction.
