Promoter Shares of Nerude Laghubitta and Kumari Bank in Auction from 21st Kartik

Tue, Nov 7, 2023 10:09 AM on Latest, Auction,

Starting today, 26,665 shares of Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) will be auctioned off to promoter shareholders by the bank's current promoter.

26,665 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. 21st Kartik, 2080.

The minimum bid rate for the auction is Rs, 350. Bids from interested parties should be sent to the company's head office in RBB Merchant Banking Limited, Teku, Kathmandu. The shares will later be put up for public auction if offers from current founder shareholders are not received within the allotted period.

Yesterday, NLBBL closed at Rs. 517.10. As of May 4, 2023, NLBBLP has an LTP of Rs. 402.00.

Notice:

The existing promoter of Kumari Bank Limited (KBL) is auctioning 1,438 units of shares to the interested general public from today.

Lal Bahadur Dhane, a KBL promoter is selling 1,438 units of promoter shares to the interested general public. Interested individuals are requested to bid for the auction within 35 days from this notice's publication date, i.e. 21st Kartik.

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. 151.90 yesterday. Meanwhile, KBLPO has an LTP of Rs. 101 as of 18th October, 2023.

Notice: