NMB Bank Auctioning 52,172 Units Promoter Shares From 16th Chaitra

Fri, Mar 29, 2024 10:34 AM on Latest, Auction,

The existing promoters of NMB Bank Limited (NMB) are selling its 52,172 units of promoter share in an auction from 16th Chaitra to 22nd Chaitra, 2080.

Client code number 001-080/881 plans to offer 39,625 units of promoter shares for sale, with a minimum bid quantity of 39,625 units, while Client code number 002-080/81 intends to sell 12,547 units of promoter shares, with a minimum bid quantity of 12,547 units.

Interested promoter shareholders/ general public/ institutions are all eligible to bid in an auction. The minimum bid rate for both auctions is set at Rs. 120. 

NMB Capital Limited is the auction manager. Bids will open at the premises of the auction manager on Chaitra 23 starting at 10 am that day.

As of writing, NMB has an LTP of Rs. 180.00.

Auction Notice: