The current promoters of Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) have initiated the sale of 111,995 units of their promoter shares through an auction, open to both the general public and institutions, starting today, which corresponds to the 2nd of Ashwin, 2080, as per the Nepali calendar.
Previously, the company had issued a notice regarding the auction of these promoter shares, providing a 35-day window for applications. However, as no applications were received during that period, the company has now reissued a notice, inviting the general public and institutions to participate in the auction.
The auction will involve a total of 111,995 units of SDLBSL’s promoter shares, and individuals or institutions interested in participating can place their bids. To take part in the auction, interested parties must submit their bids at the company’s central office, located in Haramtari, Gorkha, within a seven-day period.
As of the latest information available, SDLBSL’s Last Traded Price (LTP) stands at Rs. 595.10.