NIC Asia Bank Auctioning Promoter Shares of RMDC Laghubitta From Today

NIC Asia Bank Limited is auctioning the promoter shares of RMDC Laghubitta Bittiya Sanstha Limited.

4,58,255 units promoter shares of RMDC Laghubitta will be auctioned from today, i.e. 22nd Baisakh to 28th Baisakh, 2078. Existing promoters, the general public, and institutions can all bid for the auction.

Rs. 408 is the minimum bid rate. While the minimum bid quantity for shares is 100 units, there is no upper limit for both shares. 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.

Allottees are eligible to claim any rights offering and dividend declaration made by the microfinance company after today's date, i.e. Baisakh 22.

Auction notice