Kumari Bank Limited is auctioning the promoter shares of Lumbini General Insurance Limited (LGIL). The auction will open on 13th Jestha and close on 27th Jestha, 2079

Existing promoters, individuals, and institutions are all eligible to bid for the auction.

1,22,287 units promoter share will be auctioned. Rs. 200 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 10,000 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank’s rule to not exceed the specified quantity of shares per entity.

Kumari Bank has been appointed the auction manager. Bids will be opened at the premises of the…


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