Promoter Shares of Shangrila Development Bank And Deprosc Laghubitta Bittiya Sanstha in Auction
The existing promoter of Shangrila Development Bank Limited (SADBL) is auctioning 1,09,093 units of shares to the general public/institutions from today.
1,09,093 units of promoter shares of SADBL will be auctioned. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 29th Kartik.
The shareholders should submit their bids at the central office of the bank located at Baluwatar, Kathmandu. No bids were received from existing founder shareholders within the specified timeframe, the shares are auctioned to the general public.
SADBL closed at Rs. 446.80. Meanwhile, SADBLP has an LTP of Rs.164.
The existing promoters of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) are auctioning 25,000 unit shares to other persons/institutions from 30th Kartik to 7th Mangsir, 2081.
The minimum bid rate is Rs. 250 for the promoter shares of Deprosc Laghubitta Bittiya Sanstha Limited. While the minimum bid quantity is 25,000 units, bidders can bid for the entirety of the shares.
Global IME Capital Limited has been appointed as the issue manager for this auction.
