Last day to bid 21,903.32 units auctioned ordinary shares of Tinau Dev. Bank; LTP stood Rs 491

Interested investors in acquiring the shares of Tinau Development Bank Limited (TNBL) have one more day to file their bids for the auctioned ordinary right shares. The deadline for submitting bids for the auctioned unsold right shares is ending today (Jestha 30, 2073) and the bids will be open to conclude the auction on Jestha 31 , 2073(tomorrow). Tinau Development Bank Limited (TNBL) has been auctioning 21,903.32 units ordinary right shares to general public from Jestha 16, 2073. Bidders must quote a minimum price of Rs 100 per unit, which means that the lowest bid amount must be more than Rs 100. Siddhartha Capital Limited is the issue manager for this auction. The bank has urged the interested bidders to submit their bids by 3:00 PM till Jestha 30 at the Siddhartha Capital Limited located at Anamnagar, Kathmandu or at Tinau Development Bank located at Butwal, Rupandehi. The investors applying for the auction can deposit the bid amount in the account name Siddhartha Capital Limited and account number 00115197722 of Siddhartha Bank Limited. The last trading price (LTP) of the shares stood at Rs. 491  as on June 9, 2016.