The bids received in the auction of 77,720.88 unclaimed right shares of the Shikhar Insurance Company Limited (SICL) to the general public have been opened yesterday, i.e. 5th Jestha, 2079.
The auction had opened on 19th Baisakh and concluded on 26th Baisakh, 2079 at the end of banking hours. 77,720.88 ordinary shares were auctioned. NIBL Ace Capital Limited was appointed the auction manager. Bids had opened yesterday at the premises of the auction manager, Lazimpat, Kathmandu, starting at 10:00 am. Individuals, institutions, and companies were all eligible to bid for the auction.
NIBL Ace Capital Limited is selling its held shares via auction.
Rs. 100 was the minimum bid rate. While the minimum bid quantity was…
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