The existing promoter of Sanima Bank Limited (SANIMA) is auctioning 68,000 units of shares to interested public and institutions starting from today, 19th Ashadh, 2081. Dilip Shrestha, a key promoter, is selling these shares to existing shareholders. Interested individuals have 15 days from today to place their bids at the bank’s central office in Naxal, Kathmandu.
Since no bids were received from existing founder shareholders within the specified timeframe, the shares are now open for auction to the general public. SANIMA shares closed at Rs. 253.50, while SNMAPO had a last traded price (LTP) of Rs. 145.00.
Similarly, the promoter of Narayani Development Bank Limited (NABBC) is auctioning 47,282 units of shares to existing promoter shareholders starting today. Interested bidders have 35 days from today to submit their bids at the bank’s central office in Ratnanagar, Tandi, Chitwan. If no bids are received within this period, the shares will be available for auction to the general public. NABBC shares closed at Rs. 559.00, and NABBCP’s LTP was Rs. 217.00.
In addition, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) is auctioning 48,000 units of shares to its promoter shareholders. Interested individuals have 35 days from today to submit their bids at the company’s central office in Gaidakot, Nawalparasi. If no bids are received within this period, the shares will be auctioned to the general public. ILBS shares closed at Rs. 1,240.00, while ILBSP had an LTP of Rs. 365.00.
Highlights:
- Shangrila Development Bank Auctions Promoter Shares
- Vishal Group Limited to Auction Promoter Shares of Nepal Reinsurance Company Limited
- Vishal Group Auctions 7,00,000 Promoter Shares of Nepal Reinsurance Company
- NIC Asia Bank Concludes Auction for NIFRA Promoter Shares
- Kumari Capital Limited Auctions Promoter Shares of Kumari Bank Limited