Bid opening of auction shares of Muktinath Bikas Bank

December 3, 2019 | Investopaper

Muktinath Bikas Bank (MNBBL) has published a notice today regarding the bid opening of the auctioned shares. The bid opening will take place at the premises of the Muktinath Capital Office located at Hattisar, Kamaladi, Kathmandu. The date of the bid opening is Mangsir 18, 2076 and the time is set as 11 AM.

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Muktinath Bikas Bank opened the auction of 4 lakh units unsold right share from Mangsir 8, 2076. The auction of shares remained open until Mangsir 15, 2076.

The development bank had issued 61,29,520.25 units right share from Bhadra 12, 2076 to Ashwin 15, 2076. Out of the total, 4,03,220.25 shares remained unsold. These unsold right shares were opened for auction. The unsold right shares include:

Promoter Shares: 1,02,516.32

Ordinary Shares: 3,00,703.93

Total Shares: 4,03,220.25

The last trading price (LTP) of Muktinath Bikas Bank’s ordinary shares stands at Rs. 312.


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