Promoter Shares of Citizens Bank in Auction From Today
The existing promoter of Citizens Bank International Limited (CZBIL) is auctioning 70,490.61 units of shares to the interested promoter shareholders from today.
Ila Sharma intends to sell 70,490.61 units of promoter shares to the existing promoter shareholders. The minimum bid rate for the auction is Rs. 150. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 18th Mangsir.
The shareholders should submit their bids at the central office of the bank located at Narayanhiti Path, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be open for auction to the general public.
CZBIL closed at Rs.162 yesterday. Meanwhile, CZBILP has an LTP of Rs. 108.00 as of 1st October, 2023.
