Nepal Finance Limited (NFS) is conducting an auction to sell 11,16,616.187 units of promoter shares to the general public. The auction will take place from 29th Ashad to 12th Shrawan, 2080. The auction is open to existing promoters, the general public, and institutions. The minimum bid rate is Rs. 100, and bidders must bid for a minimum quantity of 1000 units. However, there is a limit on the number of shares that each entity can bid for, as per the rules of the Nepal Rastra Bank. Prabhu Capital has been appointed as the auction manager.
Highlights:
- Promoter Shares Auction Today: Kumari Bank Limited & Gurkhas Finance Limited
- Multipurpose Finance Company Initiates Auction of Promoter Shares
- Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders
- Auction of Promoter Shares: Muktinath Bikas Bank Limited and Mahalaxmi Bikas Bank Limited
- Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders