Today is the last day to bid for the shares of Narayani Development Bank Limited (NABBC). The company has been auctioning its unclaimed ordinary and promoter right shares from today 10th Chaitra. The auction will close today, i.e. 17th Chaitra, 2078 at the end of banking hours.

13,651 unit ordinary shares and 1,31,998 unit promoter shares are being auctioned. This is the unclaimed portion of the company’s rights offering. The company closed its 1:1 rights offering on 12th Magh; the issue had opened on 7th Poush, 2078. A total of 13,12,338 unit shares were issued at a par value of Rs. 100 per share on the paid-up capital of Rs. 13,12,33,800.

The general public, companies, and institutions are all eligible to…


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