Kabeli Bikas Bank to auction 45,351 unit right shares of promoters group for the promoters from Chaitra 27
Tue, Apr 3, 2018 11:23 AM on Latest, Featured, Stock Market,
Kabeli Bikas Bank has published a notice regarding the auction of its 45,351 unit promoters right shares to the promoters.
The auction will begin from Chaitra 27, 2074 till Baisakh 4, 2075.
Global IME Capital has been appointed as the issue manager for the auction.
Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Interested bidders must bid for a minimum of 100 units of shares and the shares applied for should be a multiple of 10.
The bank has urged the interested bidders to submit their bids within banking hour till Baisakh 4, 2075.
The investors applying for the auction can deposit the bid amount in the account number 0111010011061 GICL-BTI Kabeli Right 2074 maintained in the name of Global IME Capital at Global IME Bank or can apply by issuing Good For Payment cheque.
After the adjustment of the rights shares, the bank’s total paid-up capital will reach Rs 10.52 crore from the existing Rs 7.01 crore. The bank has authorized capital of 25 crore.
The development bank has acquired Mount Makalu Development Bank recently.
