October 11, 2020 | Investopaper
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) is going to auction promoter and ordinary shares from Ashwin 25, 2077. The auction will remain open until Bhadra 2, 2077. Civil Laghubitta had sold 11,41,140 units right shares to its shareholders from Shrawan 25 to Bhadra 29, 2077. However, out of the total shares, 89,450 shares remained unsold during the right offering. The company is planning to sell these unsold right share in auction.
The shares in auction include:
Promoter Shares: 11,608
Ordinary Shares: 77,842
Interested investors can get the auction form from Century Capital Markets Limited, Kamaladi and the allocated branches of Century Commercial Bank by paying Rs. 100.
The minimum bid price is Rs. 100. Higher bidder will receive the shares. One can bid for a minimum of 1,000 shares in case of promoter shares and 100 shares in case of ordinary shares.
Century Capital Markets Limited is the issue manager for the auction.
For full information regarding the auction, click on the link below: