Last Day to Bid for Promoter Shares Auction of Prudential Insurance Company
Mahalaxmi Bikas Bank Limited has been auctioning the promoter shares of Prudential Insurance Company Limited. The auction opened from 1st Ashoj and will conclude today, i.e. on 15th Ashoj, 2078.
Individuals and institutions are all eligible to bid for the auction. 70,669 units promoter shares of Prudential Insurance Company Limited are being auctioned.
Rs. 501 is the minimum bid rate and 100 is the minimum bid quantity. Bidders can bid for the entirety of the shares. However, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Siddhartha Capital has been appointed the auction manager. Bids will be opened at the premises of the auction manager on Ashoj 17, starting at 3: 30 pm that day.
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