Promoter Shares of Kumari Bank And Kamana Sewa Bikas Bank In Auction From Today
The existing promoters of Kumari Bank Limited (KBL) are auctioning 8,11,735 unit shares to its promoter shareholders from today.
8,11,735 unit promoter shares of KBL will be auctioned to only existing promoter shareholders. Only eligible shareholders are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 15th Falgun.
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. 143.00 yesterday. Meanwhile, KBLPO has an LTP of Rs. 106.00 as of 21st February 2024.
The existing promoters of Kamana Sewa Bikas Bank Limited (KSBBL) are selling 3,09,892 units of promoter shares in an auction to the interested promoter shareholders and general public/institutions from today i.e. on the 15th Falgun to 22nd Falgun, 2080.
3,09,892 unit promoter shares of KSBBL will be auctioned. Interested general public/institutions including eligible promoter shareholders can bid for the auction. Rs. 105 is the minimum bid rate. The minimum bid quantity for promoters’ shares is 3,09,892 units.
Prabhu Capital is the auction manager. Bids will open at the premises of the auction manager on 23rd Falgun, 2080 at 11:00 AM.
As of writing, KSBBL has an LTP of Rs. 343.90.
