Promoter Shares of Machhapuchchhre Bank in Auction From Today

Sun, Jan 21, 2024 1:27 PM on Latest, Auction,

The existing promoter of Machhapuchchhre Bank Limited (MBL) is auctioning 59,656 units of shares to the interested promoter shareholders from today.

Deepak Raj Dali intends to sell 59,656 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. 7th Magh.

The shareholders should submit their bids at Machhapuchchhre Capital Limited located at Baghdurbar, JDA Complex, 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.

Auction Notice:

Similarly, another promoter of Machhapuchchhre Bank Limited (MBL) is selling 62,165 units through auction to the general public from today.

Indu Kumari Karki intends to sell 62,165 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. 7th Magh.

The shareholders should submit their bids at Machhapuchchhre Capital Limited located at Baghdurbar, JDA Complex, Kathmandu. Earlier the shares were auctioned to promoter shareholders, but no bids were received from existing promoter shareholders within the specified timeframe, the shares are open for auction to the general public.

As of writing, MBL has an LTP of Rs. 204.00. Meanwhile, MBLPO has an LTP of Rs. 136.00 as of May 10, 2023.

Auction Notice: