The existing promoters of Unnati Sahakarya Laghubitta Bittiya Sanstha (USLB) Limited have initiated an auction process for 4,960 units of shares. This auction is open to interested promoter shareholders, as well as the general public and institutions, and it will run from the 5th Ashwin to the 14th Ashwin, 2080.
The auction specifically involves 4,960 units of promoter shares of USLB, and eligible participants, including promoter shareholders, the general public, and institutions, can submit their bids. The minimum bid rate for these shares has been set at Rs. 500 per unit, with a requirement that the minimum bid quantity for promoter shares must be 4,960 units.
The auction management responsibilities are being handled by NIMB Ace Capital, and the opening of bids is scheduled to take place at the premises of the auction manager on the 15th of Ashoj, 2080, at 3 PM.
As of the current status, USLB has a Last Traded Price (LTP) of Rs. 708, which is relevant information for potential investors considering participation in the auction. This auction provides an opportunity for interested parties to acquire USLB promoter shares at the specified terms and conditions.