Last day to bid for the auctioned 6.67 lakh unit right shares of Bhargav Bikas Bank; Minimum bids can be place for 1,000 unit
Sun, Jul 8, 2018 1:06 AM on Auction, Dividend, Bonus & Rights, Latest, Stock Market,
Today is the last day to bid for the re-auctioned 6.67 lakh unit unsold right shares of Bhargav Bikash Bank (BHBL).
BHBL is re-auctioning the unsold promoter right share from Ashadh 17, 2075. The development bank is issuing 6,67,706 unit shares of promoters group for the general public. The auction is closing on Ashadh 24, 2075 i.e. today.
NMB Capital has been appointed as the issue manager for the right share issuance. The interested bidders can apply for the right shares through any designated branches of NMB Capital or Bhargav Bikas Bank.
The bank has urged the interested bidders to deposit the entire bid amount in the in A/C no 00130600054010000202 of NMB Bank in the name of NMBCL-RIGHT BBBL 2073/74 or in the A/C no 0010017451700001 of Kumari Bank Limited in the name of NMBCL-RIGHT BBL 2074/75.
The bidders can place their bids for a minimum 1,000 unit shares. The minimum bid price for the auction has been set as Rs 100 i.e the bidders should placec their bids above Rs 100. The bidders can place bids for all the issued units of shares.
The bank had issued 80% right shares worth Rs 21.12 crore. After the capitalization of 80% right shares, the paid-up capital of the bank will reach Rs 47.52 crore.
