Bids Opened for Promoter Shares of RMDC, MSLB, and MERO; All Valid Bids Will Be Allotted

Fri, Feb 26, 2021 5:19 PM on Latest, Auction,

NIC Asia Bank had auctioned the promoter shares of three companies from Magh 08. It concluded on 12th Falgun.

4,36,361 units promoter share of (RMDC Laghubitta Bittiya Sanstha Limited), 61,200 units of promoter share of (Mahuli Samudahik Laghubitta Bittiya Sanstha Limited), and 5,98,598 units promoter shares of (Mero Microfinance Laghubitta Bittiya Sanstha Limited) were auctioned.

The minimum bid rates for the promoter shares of RMDC, MSLB, MERO were Rs. 523, Rs. 812, and Rs. 463 respectively. While the minimum bid quantity was 100 units for all the auctions, there was no upper limit.

The bid opening has concluded today at the premises of the issue manager. According to the auction manager, all valid bids that have applied at the minimum bid rate or higher will be allotted.