Grameen Bikas Laghubitta closing the auction of unsold right share today

July 31, 2019 | Investopaper

Grameen Bikas Laghubitta is closing auction from today (Shrawan 15, 2076).

The microfinance company had issued 1:0.5 right share to its shareholders from Baisakh 27, 2076 to Jestha 30, 2076. Out of the total right share, 582,884 shares remained unsold. The company is planning to sell the unsold right share through the auction. The auction of shares include:

Promoter Share: 3,92,393 units

Ordinary Share: 1,90,451 units

Total shares in auction: 5,82,884 units

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The auction was open from Shrawan 8, 2076. It will remain open until Shrawan 15, 2076.

NIBL Ace Capital Limited is the issue manager for the auction of the right share of Grameen Bikas Laghubitta.

Interested investors can participate in the auction. The auction form is available at Rs. 100. The form is available at following places:

NIBL Ace Capital Limited– Lazimpat, Laldurbar (Kathmandu), Lagankhel (Lalitpur), Chipledhunga (Pokhara), Traffic-chowk (Butwal), Adarshanagar (Birgunj) and Golchachowk (Biratnagar)

Nepal Investment Bank Limited– Narayanghad, Hetauda, Birtamod, Janakpur, Tulsipur Dang, Surkhet, Nepalganj, and Dhangadi

Green Development Bank Limited– Harishankar road, Baglung


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