Nepal Reinsurance Company’s Promoter Shares Put on Sealed-Bid Auction

Summary

Nepal Reinsurance Company Limited is auctioning 2,171,935 promoter shares through a sealed-bid process with a minimum bid price of Rs. 400 per share.

Key Points
  • Nepal Reinsurance Company Limited announced the auction of 2,171,935 promoter shares.
  • The auction is conducted through a sealed-bid process.
  • Minimum bid price is set at Rs. 400 per share with a minimum application of 100,000 shares.
  • Bids must be submitted to Nabil Investment Banking in Kathmandu before the deadline.
Article image