Everest Finance closing bid for auction of 2.37 k units of promoter shares

Sun, Feb 16, 2014 12:00 AM

ShareSansar, February 16:

Everest Finance Limited is closing the bid for the auction of 2,37,920 units of its unclaimed promoter shares today.

The minimum bid price per share is Rs 100 and a bidder must bid for at least 100 units, according to the issue manager ACE Capital Limited at Lal Durbar, Kathmandu.

The interest promoter shareholders must apply by 3:00 PM today for the auction by depositing the bid amount on the designated bank accounts of the issue manager or the finance company.

The finance company had invited applications for the auction from January 13, and the bids will open for the auction on February 18.