NLG Insurance auctioning unsold 1,61,078 units right shares from today; auction closes on Shrawan 29

Thu, Aug 6, 2020 5:49 AM on Auction, Latest,

NLG Insurance Company Limited (NLG) had issued 60% right shares to its shareholders recently. The bank is auctioning the unsold right shares from today i.e. Shrawan 22 till Shrawan 29, 2077. The company is auctioning 81,224.75 units promoter share and 79,853.25 units ordinary shares.

The minimum bid amount has been set at Rs 100, so the bids should be equal to or above Rs 100. Similarly, applicants can bid for a minimum of 100 units and no limit has been set for maximum units. The applicant can attach a good for payment cheque with the bid application or can attach a voucher by depositing the amount. The amount can be deposited at the following account:

Bank Name: Laxmi Bank Limited 
Account name: Laxmi Capital Market Limited
Account number: 00534011266

The bid applications can be received and submitted in the following locations:

Click here for auction notice:

How much to bid in Prudential, NLG and Shikhar Insurance auction share? Get an idea