Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. 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 up for auction, and only those shareholders who meet the eligibility criteria are encouraged to participate. The auction period spans 15 days from the date of this notice’s publication.
As of the latest information, the Last Traded Price (LTP) for MPFL stands at Rs. 320. Simultaneously, MPFLPO, another financial instrument associated with Multipurpose Finance Company Limited, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details provide additional context for potential investors considering participation in the ongoing promoter share auction.
Highlights:
- Multipurpose Finance Company Initiates Auction of Promoter Shares
- Promoter Shares Auction Today: Kumari Bank Limited & Gurkhas Finance Limited
- Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders
- 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