Promoter Shares of Lumbini Bikas Bank in Auction From Today

Sun, Dec 10, 2023 12:27 PM on Latest, Auction,

The existing promoter of Lumbini Bikas Bank Limited (LBBL) is auctioning 37,319 units of shares to the interested general public/institutions from today.

Manlaxmi Thapa, a LBBL promoter intends to sell 37,319 units of promoter shares to the interested general public/ institutions. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 24th Mangsir.

The shareholders should submit their bids at the central office of the bank located at Dillibazar, Kathmandu. No bids were received from existing founder shareholders within the specified timeframe, the shares were opened for auction to the general public from today.

As of writing, LBBL closed at Rs. 379. Meanwhile, LBBLPO has an LTP of Rs. 182.00 as of 4th June, 2023.

Auction Notice: