Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

A total of 56,000 units of promoter shares are up for auction, and only those shareholders who meet the eligibility criteria are encouraged to participate. The auction period spans 15 days from the date of this notice’s publication.

As of the latest information, the Last Traded Price (LTP) for MPFL stands at Rs. 320. Simultaneously, MPFLPO, another financial instrument associated with Multipurpose Finance Company Limited, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details provide additional context for potential investors considering participation in the ongoing promoter share auction.

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