Promoter Shares of Asian Life Insurance Company and Lumbini Bikas Bank in Auction From Today
The existing promoter of Asian Life Insurance Company Limited (ALICL) is auctioning the company's promoter shares. 100,000 shares are being auctioned from today, i.e. Bhadra 22, 2079.
100,000 units promoter shares of ALICL are being auctioned. The auction is first open to existing promoters for 15 days from the day of the official notice i.e Bhadra 22 (today). If not bought by existing promoters, the public and other institutions/ companies will then be eligible to bid for the shares.
ALICL has a total of 15,239,010 units promoter shares, amounting to 60% of the company's shareholding.
Similarly, the existing promoter of Lumbini Bikas Bank Limited (LBBL) is also auctioning the company's promoter shares. 93,407 shares are being auctioned from today, i.e. Bhadra 22, 2079.
The auction is first open to existing promoters for 35 days from the day of the official notice i.e Bhadra 22 (today). If not bought by existing promoters, the public and other institutions/ companies will then be eligible to bid for the shares.
LBBL has a total of 22,336,474 units promoter shares, amounting to 68.01% of the company's shareholding.
