Final Two Days Remaining in Kumari Bank's Auction of SKBBL Promoter Shares

Mon, May 6, 2024 11:33 AM on Latest, Auction,

Kumari Bank Limited (KBL) is currently conducting an auction for the promoter shares of Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL), which started on 21st Chaitra, 2080, and is set to conclude tomorrow, on 25th Baisakh, 2081. There are just two days left to bid for the promoter shares of SKBBL.

A total of 2,11,476 unit promoter shares of SKBBL are up for auction. Qualified promoter shareholders of Sana Kisan Co-operative, along with other eligible promoter shareholders, are invited to participate in the auction. Preference will be accorded to members of the Sana Kisan Co-operative as indicated in the auction notice. The starting bid for the auction has been set at Rs. 330 per unit. Promoters can bid for a minimum of 1,000 units and a maximum of 4,000 units.

NIC Asia Capital has been appointed as the auction manager for this offering.

Currently, SKBBL's last traded price (LTP) stands at Rs. 805.00, whereas the LTP for SKBBLP is at Rs. 351.00.

Auction Notice: