Nepal Insurance auctioning 4.33 lakh unit promoter shares of NCC Bank from today; Minimum bid price is set at Rs 170

The auction for the promoter shares of NCC Bank held by Nepal Insurance Company is set to start from today i.e. Magh 21, 2074. The company is seeking to sell the ownership of 4,33,042 unit promoter shares through the auction process. Interested applicants are required to submit their bid application quoting the minimum bid price of Rs 170. The closing date of the auction is set on Magh 28, 2074. NIBL Capital Markets Ltd. has been appointed as the issue manager for the auction process. And the bid opening date has been set on Magh 28, 2074 at 4 p.m. Read more about NICL’s offer