Last day to place bids on the auctioned 14.61 lakh promoter and 4.09 lakh ordinary unsold right shares of Century Commercial Bank
Wed, Jan 9, 2019 6:23 AM on Auction, Dividend, Bonus & Rights, Latest, Stock Market,
Century Commercial Bank Limited (CCBL) will be closing its auction of 18,70,274 unit right shares from today.
The commercial bank has been selling 14,61,099 units promoter shares and 4,09,175 units ordinary shares via auction.
Civil Capital Market Limited has been appointed as the issue manager for the auction of the shares.
For both shares bids can be placed for minimum 100 units at a minimum bid price of Rs 100.
The commercial bank has urged the interested bidders to deposit the entire bid amount in A/C no. 0010001494 of Century Commercial Bank in the name of Civil Capital Market Limited.
The bank had issued 40% right shares for its shareholders which had left about 10% unsubscribed.
The last traded price of CCBL stands Rs 170. Also, the bank is due to propose any dividend from the profit it made in 2074/75 FY.
