The existing promoter of Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) is auctioning the company’s promoter shares. The auction has opened today, i.e. on 23rd Falgun, and will close on 7th Chaitra, 2078.

5,000 units promoter shares of the company are being auctioned. Existing promoters, individuals, institutions, and companies are all eligible to bid for the auction.

Rs. 650 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 500 units, there is no upper limit for both shares. Although bidders can bid for the entirety of the auctioned shares, they are required to abide by Nepal Rastra Bank’s rule to not exceed the specified quantity of shares per entity.

Sunrise Capital has…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…