Nepal Life Insurance Company Limited (NLIC) is auctioning the promoter shares of Bank of Kathmandu Limited (BOKL).

NLIC is one the promoter shareholder of the bank. 

4,81,174 units promoter share will be auctioned. Rs. 150 is the minimum bid rate for the auction and there is no upper limit. Only existing promoters of the BOKL are eligible to bid for the auction. The existing shareholders who are willing bid for the auction should submit their bids within 35 days from the date of publication of the notice i.e Jestha 11.

As of writing, BOKL has an LTP of Rs. 233.

 

Auction notice

 

Leave a Reply

Your email address will not be published. Required fields are marked *


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…