The current promoters of Prabhu Bank Limited (PRVU) are offering 1,52,805 promoter shares for auction exclusively to existing promoters, starting today. Eligible shareholders have a 35-day window, starting from the notice publication date of 23rd Ashwin, to submit their auction bids. These bids should be presented at the bank’s central office in Babarmahal, Kathmandu.
At the time of writing, PRVU has a Last Traded Price (LTP) of Rs. 158.10.
Highlights:
- Ghalemdi Hydro Limited Initiates Auction of Unclaimed Right Shares for Public Offering
- Vishal Group Limited to Auction Promoter Shares of Nepal Reinsurance Company Limited
- Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager
- Vishal Group Auctions 7,00,000 Promoter Shares of Nepal Reinsurance Company
- Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.