Promoter Shares of KBL, SWBBL, and MDB in Auction From Today

Fri, Jan 19, 2024 11:08 AM on Latest, Auction,

The existing promoter of Kumari Bank Limited (KBL) is auctioning 45,520 units of shares to the interested promoter shareholders from today.

Nanda Kishor Shrestha intends to sell 45,520 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 5th Magh.

The shareholders should submit their bids at the central office of the bank located at Tangal, Kathmandu, or at Kumari Capital Limited located at Naxal, Nagpokhari, 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.

KBL closed at Rs. 162.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 108.00 as of 3rd January, 2024.

Auction Notice:

Similarly, The existing promoter of Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) is auctioning 14,710 units of shares to the interested promoter shareholders from today.

Saraswati Shrestha intends to sell 14,710 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 5th Magh.

The shareholders should submit their bids at the central office located at Kamalpokhari, 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.

SWBBL closed at Rs. 801.70 yesterday. Meanwhile, SWBBLP has an LTP of Rs. 700.00 as of 2nd November, 2023.

Auction Notice:

Lastly, the existing promoter of Miteri Development Bank Limited (MDB) is also auctioning 5,000 units of shares to the general public/institutions from today i.e. 5th Magh, 2080.

Radhika Karki intends to sell 5,000 units of promoter shares to the general public/institutions. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 5th Magh.

The shareholders should submit their bids at the central office of the bank located at Mahendrapath, Dharan. Earlier the shares were auctioned to promoter shareholders, but no bids were received from existing promoter shareholders within the specified timeframe, the shares are open for auction to the general public.

As of writing, MDB has an LTP of Rs. 430.00. Meanwhile, MDBPO has an LTP of Rs. 231.00 as of 24th September, 2023.

Auction Notice: