Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.

As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.


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