Himalayan General Insurance right share auction: Bid opening today

Wed, Mar 19, 2014 12:00 AM

ShareSansar, March 19:

Himalayan General Insurance Company Limited is opening the bids filed by applicants to auction 62,875 units of the unclaimed right shares today.

The bid for the share auction had closed at 3:00 PM yesterday.

The interested bidders had to apply for a minimum of 100 units of the unclaimed right shares being floated at a face value of Rs 100, and deposit the entire bid amount in advance.

The insurer had invited the bids from March 10.

NMB Capital Limited at Babar Mahal, Kathmandu is the issue manager.