Promoter Shares of Mahila Laghubitta And Kumari Bank Limited In Auction From Today
The existing promoters of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) are auctioning 1,99,472 unit shares to other persons/institutions from today i.e. 9th Jestha to 23rd Jestha, 2081.
1,99,472 unit promoter shares of MLBSL are being auctioned. The general public/company and institutions are eligible to bid in the auction of MLBSL. Rs. 900 is the minimum bid rate and the minimum bid quantity for promoters’ shares is 1,000 units. Although bidders can bid for the entire issue, they must abide by the Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Nepal SBI Merchant Banking is the auction manager.
As of writing, MLBSL has an LTP of Rs. 1,922.10.
The existing promoter of Kumari Bank Limited (KBL) is auctioning 7,17,440 units of shares to the interested promoter shareholders from today.
7,17,440 unit promoter shares of KBL will be auctioned. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 9th Jestha.
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 auctioned to the general public.
KBL closed at Rs. 146.00. Meanwhile, KBLPO has an LTP of Rs.106.00.
