Promoter Shares of Garima Bikas Bank Limited In Auction From Today

Mon, May 6, 2024 10:25 AM on Latest, Auction,

The existing promoter of Garima Bikas Bank Limited (GBBL) is auctioning 4,26,990.30 units of shares to its promoter shareholders from today.

4,26,990.30 units of promoter shares of GBBL will be auctioned to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days i.e. 27th Jestha, 2081 from this notice's publication date, i.e. 24th Baishakh.

Interested investors should submit their bids at the company's central office located at Lazimpat, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be open for auction to the general public or institutions.

Notice:

Similarly, The existing promoters of Garima Bikas Bank Limited (GBBL) are offering 5,25,910.21 units of shares for auction to the general public/institutions starting today i.e. 24th Baishakh, 2081.

The notice has already been published before to the existing promoter shareholders and since no application has been received from existing founder shareholders within the specified timeframe, the shares are now opened for auction to the general public and institutions.

Interested individuals can bid for these shares within 15 days, and bids should be submitted at the company's central office located at Lazimpat, Kathmandu.

GBBL closed at Rs. 364.00. Meanwhile, GBBLPO has an LTP of Rs. 205.00.

Auction Notice: