Promoter Shares of Narayani Development Bank in Auction From Today
Summary
Narayani Development Bank is auctioning 3,06,597 units of promoter shares to the public from 18th Magh to 4th Falgun, 2082, following previous undersubscription.
Key Points
- Narayani Development Bank Limited is auctioning 3,06,597 units of promoter shares starting from 18th Magh to 4th Falgun, 2082.
- Previous rights share auction saw 6,03,162 units remain unsubscribed and an earlier auction received bids for only 2,96,565 units.
- The auction is open to existing promoters, general public, and institutions with a minimum bid rate of Rs. 100 and minimum quantity of 100 units.
- Global IME Capital has been appointed as the auction manager.
- Bidders must comply with Nepal Rastra Bank's regulations on maximum share quantity per entity.
