Muktinath Bikas Bank is Auctioning Promoter Shares from Today
The existing promoters of Muktinath Bikas Bank Limited (MNBBL) are selling 1,56,283 units of promoter shares in an auction to the general public from 7th Jestha to 14th Jestha, 2083.
The existing promoters, the general public, and institutions are all eligible to bid for the auction. Rs. 100 is the minimum bid rate for the auction. The minimum bid quantity for the shares is 25,000 units. Although bidders can bid for the entirety of the issue, they are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity.
Muktinath Capital Limited has been appointed as the auction manager.
