The current promoters of NIC Asia Bank Limited (NICA) are putting up 5,13,325 units of promoter shares for auction starting today, the 16th Falgun until the 27th Falgun, 2080. Interested parties who qualify as promoter shareholders or individuals/companies/institutions can participate in the auction, with a minimum bid rate set at Rs. 208 per unit. Each bid must be for a minimum quantity of 1000 units.
NIMB Ace Capital is overseeing the auction process. Bidding will commence at the auction manager’s premises on the 29th Falgun, 2080, starting at 3 PM.