Narayani Development Bank To Close Auction Of Unsold Right Shares On Chaitra 17

March 31, 2022 | Investopaper

Narayani Development Bank Limited (NABBC)) is currently selling the unsold right shares in the auction. The auction is open from Chaitra 10, 2078 BS. The shares in the auction include:

Promoter Shares: 131,998 units

Ordinary Shares: 13,651

The current promoter shareholders and other general public, firms, and companies can submit the application for the purchase of the shares. Interested investors can submit the bids until Chaitra 17, 2078 BS.


How To Apply For Auction Of Shares In Nepal? [Step By Step]

The minimum price of the share has been set at Rs 100. When submitting a bid, the investor will have to apply at Rs 100 or above per share. Bidder at a higher price will receive the shares.

One can submit the bid for a minimum of 100 shares.

Global IME Capital Limited Limited is the sales manager for the auction of shares.

For full information regarding the auction, please visit the website of the sales manager.


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