Promoter Shares Of Machhapuchchhre Bank And Prabhu Bank In Auction From Today
The existing promoter of Machhapuchchhre Bank Limited (MBL) is auctioning 10,56,917 units of shares to the general public/institutions from today.
Ganesh Bahadur Shrestha intends to sell 10,56,917 units of promoter shares to the general public. Interested individuals are requested to bid for the auction within 7 days from this notice's publication date, i.e. 2nd Kartik.
Shareholders are required to submit their bids at Machhapuchchhre Capital Limited, located at Baghdurbar, JDA Complex, Kathmandu. Previously, the shares were auctioned to promoter shareholders as well as the general public and institutions. However, no bids were received from existing promoter shareholders, the general public, or institutions within the designated timeframe. As a result, the shares are now reopened for auction to the general public.
MBL closed at Rs. 266.40. Meanwhile, MBLPO has an LTP of Rs. 113.00.
The existing promoter of Prabhu Bank Limited (PRVU) is auctioning 2,82,619 units of shares to the general public/institutions from today.
2,82,619 unit promoter shares of PRVU will be auctioned. The general public/institutions are eligible to bid for the auction.
With no bids received from the existing shareholders within the allotted time frame, the shares are now open for auction to the general public as of today, the 2nd Kartik, 2081. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 2nd Kartik. The shareholders should submit their bids at the central office of the bank located at Babarmahal, Kathmandu.
PRVU closed at Rs. 265.00. Meanwhile, PRVUPO has an LTP of Rs. 100.00.
