Promoter Shares of Kumari Bank, Corporate Development Bank And Nerude Laghubitta in Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,09,962 units of shares to the general public from today.
Bharat Prasad Timalsina intends to sell 1,09,962 units of promoter shares to the general public. Interested individuals are requested to bid for the auction within 35 days from this notice's publication date, i.e. 3rd Poush.
Interested investors should submit their bids at the company's central office located at Kumari Capital Limited, Kathmandu-01, Naxal, Nagpokhari or Kumari Bank Limited. Since no bids are received from existing founder shareholders within the specified timeframe, the shares are now open for auction to the general public.
KBL closed at Rs. 162.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 110 as of 7th December, 2023.
Similarly, starting today, 1,14,000 shares of Corporate Development Bank Limited (CORBL) will be auctioned off to promoter shareholders by the promoter.
1,14,000 units of promoter shares are being auctioned to the existing promoter shareholders. Interested parties are asked to submit their bids for the auction within 35 days from this notice's publication date i.e. 3rd Poush, 2080. Interested investors should submit their bids at the company's central office located at Birgunj, Parsa.
Yesterday, CORBL closed at Rs. 363.
The existing promoter of Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) is auctioning 26,665 units of shares to its promoter shareholders. The auction is open from today i.e.3rd Poush 2080.
26,665 units of promoter shares of NLBBL will be auctioned to the existing promoter shareholders. Interested shareholders are requested to bid for the auction within 7 days from this notice's publication date.
The minimum bid rate for the auction is Rs, 350. Bids from interested parties should be sent to the company's share register office in RBB Merchant Banking Limited, Teku, Kathmandu. The shares will later be put up for public auction if offers from current promoter shareholders are not received within the period.
As of writing, NLBBL has an LTP of Rs. 647.30.
