Promoter Shares of Forward Microfinance Laghubitta Bittiya Sanstha Closing Auction From Today

The existing promoter of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is closing the auction of 3,62,000 units of shares to the promoter shareholders/other persons/institutions from today, i.e., from 23rd Kartik, 2082. The auction opened on 17th Kartik, 2082.

3,62,000 units of promoter shares will be auctioned. Interested individuals are requested to bid for the auction. NMB Capital Limited has been appointed as the issue manager of this rights share. The minimum bid rate for the auction is set at Rs. 100. For ordinary right shares, the minimum bid quantity is 100 units. Although bidders can bid for the entire issue, they must adhere to the regulatory board's rule, which restricts exceeding the specified share quantity per entity.

FOWAD closed at Rs. 1,111.00.