Promoter Shares Of Himalayan Bank And Gurkhas Finance In Auction From Today

Tue, Apr 2, 2024 10:22 AM on Latest, Auction,

The existing promoters of Himalayan Bank Limited (HBL) are auctioning 13,27,867 units of shares to existing promoter shareholders from today i.e. 20th Chaitra, 2080.

13,27,867 unit promoter shares of HBL will be auctioned. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 20th Chaitra, 2080.

The shareholders should submit their bids at the central office of the bank located at Kamaladi, 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.

As of writing, HBL has an LTP of Rs. 186.00. Meanwhile, HBLPO has an LTP of Rs. 120.80.

Auction Notice:

Similarly, The existing promoter of Gurkhas Finance Limited (GUFL) is again auctioning 62,000 units of shares to the general public/institutions from today.

Previously, these shares were made available to existing shareholders for 35 days, beginning on the 13th of Falgun. With no bids received from the existing shareholders within the allotted time frame, the shares are now open for auction to the general public as of today, the 20th of Chaitra, 2080.

Yadap Rai intends to sell 62,000 units of promoter shares to the general public/institutions. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 20th Chaitra.

The shareholders should submit their bids at the central office of finance located at Dillibazar, Kathmandu.

GUFL closed at Rs. 869.90 yesterday. Meanwhile, GUFLPO has an LTP of Rs. 432.00.

Auction Notice: