Lumbini General Insurance to close the auction of shares

March 4, 2020 | Investopaper

Lumbini General Insurance is going to auction 99,726 ordinary shares from Falgun 14, 2076. The last date to submit the bid for the auction is Falgun 21, 2076.

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The insurance company sold 20 percent right share to its shareholders from Karthik 24 to Mangsir 29, 2076. Out of the total issue, 99,726 shares (ordinary) remained unsold during that period.

Interested investors can purchase the shares until 3 PM, Falgun 21. CBIL Capital Limited is the issue manager for the auction. The application form can be purchased at Rs. 100 from CBIL Capital Limited and the allocated branches of Citizens Bank International.

The last trading price of Lumbini General Insurance (LGIL) is Rs. 533 [Falgun 20, 2076]

To view the full auction notice, CLICK HERE.


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