National Microfinance (NMFBS) Auctioning its 79,873 Promoter Shares from Today

Thu, May 12, 2022 11:22 AM on Latest, Auction,

The existing promoters of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) is auctioning 79,873 unit promoter shares. The auction will open from today i.e 29th Baisakh, and conclude on 1st Ashar, 2079.

Only existing promoter shareholders of NMFBS are eligible to bid for the auction. While the minimum bid quantity is 100 units for the auction of the shares, there is no upper limit. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity. Rs. 1000 is the minimum bid rate for the auction of promoter shares of National Microfinance Laghubitta Bittiya Sanstha Limited.

NIBL Ace Capital has been appointed the auction manager. Bids will be opened at the premises of the auction manager on Ashadh 02 starting at 10 AM that day.