Promoter Shares of PMLI In Auction From Today And Promoter Shares of KBL to be Auctioned From 4th Jestha
The existing promoter of Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) is auctioning 25,84,625 units of shares to the interested promoter shareholders from today.
25,84,625 units of promoter shares will be auctioned. Interested individuals are requested to bid for the auction within 35 days from this notice's publication date, i.e. 2nd Jestha, 2081.
The shareholders should submit their bids at the central office of the company located at Kamaladi, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be auctioned to the general public.
PMLI closed at Rs. 508.00.
Similarly, The existing promoter of Kumari Bank Limited (KBL) is selling its 3,14,140 units promoter share in an auction from i.e. 4th Jestha to 18th Jestha, 2081.
3,14,140 units of promoter shares will be auctioned. Interested qualified persons/companies/institutions can bid for the auction. Rs. 100 is the minimum bid rate. 100 units is the minimum bid quantity for the promoter shares.
LS Capital Limited is the auction manager. As of writing, KBL has an LTP of Rs. 140.00.
