Promoter Shares of Kumari Bank And Sanima GIC Insurance In Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 6,98,567 units of shares to the interested promoter shareholders from today.
Zenith Investment and Securities Limited intends to sell 6,98,567 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. 9th Baishakh, 2081.
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. 135.00 yesterday. Meanwhile, KBLPO has an LTP of Rs.106.00.
Similarly, The existing promoters of Sanima GIC Insurance Limited (SGIC) are selling 3,64,286 units of promoter shares in an auction to the interested promoter shareholders from today i.e. on 9th Baishakh, 2081.
3,64,286 unit promoter shares of SGIC will be auctioned to only existing promoters. Rs. 186 is the minimum bid rate. Kumari Capital is the auction manager
Only eligible shareholders are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 9th Baishakh. The shareholders should submit their bids at the central office of the bank located at Tangal, Kathmandu.
If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be auctioned to the general public.
SGIC closed at Rs. 514.00 yesterday.
