Prudential Capital Management Selling 2.04 Lakh Promoter Shares of SHINE in Auction From Today
Prudential Capital Management Company Limited has opened the auction of 2,04,537 units of promoter shares of Shine Resunga Development Bank Limited (SHINE). The auction is open from today i.e. 11th Poush,2080.
2,04,537 unit promoter shares of SHINE are auctioned at the minimum rate of Rs. 120. The minimum bid quantity for promoters’ shares is 5,000 units. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity. Interested promoter shareholders, the general public, and institutions are eligible to bid for the auction within the 19th Poush.
NIC Asia Capital Limited is the auction manager.
As of writing, SHINE has an LTP of Rs. 398.90.
