Promoter Shares of Prabhu Bank and Kumari Bank in Auction From Today
The existing promoters of Prabhu Bank Limited (PRVU) are auctioning 20,202 unit shares to its general public/institutions from today (i.e. 19th Ashwin, 2080).
20,202 unit promoter shares of PRVU will be auctioned to general public/institutions. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 19th Ashwin.
Previously, the shares were auctioned to eligible promoter shareholders, since no applications were received till the deadline, the promoter shares are now being re-auctioned to the general public. The shareholders should submit their bids at the central office of the bank located at Babarmahal, Kathmandu.
As of writing, PRVUPO has an LTP of Rs. 115.
The existing promoter of Kumari Bank Limited (KBL) is auctioning 11,022 units of shares to existing promoter shareholders from today i.e. 19th Ashwin, 2080.
11,022 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. 19th Ashwin. The shareholders should submit their bids at the central office of the bank located at Naxal, Kathmandu.
If no bids are received from the existing founder shareholders within the mentioned date, then the shares will be later auctioned to the general public.
As of writing, KBLPO has an LTP of Rs. 110.
