When's the Bid Opening date for Samriddhi Finance Company Limited's auction?
The bids received in the auction of Samriddhi Finance Company Limited (SFCL) will be opened on Mangsir 26. Bids will be opened at the premises of the auction manager, BOK Capital in Kamaladi, Kathmandu.
The company had auctioned unclaimed right shares for promoters and the public from Mangsir 10. The auction concluded on Mangsir 17.
Samriddhi Finance had previously issued the right shares in the ratio 1:2 to its shareholders. 36,39,606 units of right shares were issued to shareholders from Ashwin 16. The unclaimed right shares were then auctioned, i.e. 13,58,268 unclaimed promoter shares and 4,66,089 unclaimed ordinary shares. Existing promoters, the general public, and institutions were all eligible to bid for the auction.
Bids will be opened starting from 1:30 pm on Mangsir 26.
