NIC Asia Bank Auctioning Promoter Shares of Mero Microfinance Laghubitta From Today

Thu, May 6, 2021 7:40 AM on Latest, Auction,

NIC Asia Bank Limited is auctioning the promoter shares of Mero Microfinance Laghubitta. The auction will open from today, i.e. 23rd Baisakh, 2078, and close on 29th Baisakh, 2078.

A total of 62,388 units promoter shares of Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) will be auctioned. These are the promoter shares of MERO currently owned by NIC Asia Bank. All eligible individuals, existing promoters, and institutions can bid for the auction.

While the minimum quantity is 100 units, bidders can bid for the entirety of the auction. However, bidders are required to abide by Nepal Rastra Bank's rule to not exceed the specified quantity of shares per entity. Rs. 576 is the minimum bid rate.

Auction notice