Central Finance's auction of 4.56 lakh unit promoter shares starts from today; Interested bidders can apply for minimum 1,000 units

Thu, Sep 20, 2018 7:14 AM on Auction, Latest, Stock Market,
Central Fi...

Central Finance Limited (CFCL) will be selling its promoter shares via auction from Ashoj 04, 2075 i.e today. The auction for the 4,56,308.725 unit shares will be closed on Ashoj 12, 2075.

NIBL Ace  Capital has been appointed as the issue manager for the auction.

The bids can be placed for a 1,000 units for the promoter shares. The minimum bid price has been set as Rs 100 i.e. the interested bidders can place their bids above Rs 100.

The microfinance company has urged the interested bidders to deposit the entire bid amount in the A/C no 001001742460001 of Kumari Bank Limited in the name of NIBL Ace Capital Limited.

The bidders can collect their application forms in the designated branches of NIBL Ace Capital, Central Finance and Nepal Investment Bank Limited.