Promoter Shares Of Kumari Bank And United Ajod Insurance In Auction From Today
The existing promoter of Kumari Bank Limited (KBL) is auctioning 4,044 units of shares to the interested promoter shareholders from today.
Nande Bista intends to sell 1,108 units, Mohan Bahadur Gurung intends to sell 1,207 units and Ram Bahadur Budha intends to sell 1,729 units of promoter shares to the existing promoter shareholders. Interested individuals are requested to bid for the auction within 35 days from the date of publication of this notice, i.e. 22nd Chaitra.
The shareholders should submit their bids at the central office of the bank located at Tangal, Kathmandu, or at Kumari Capital Limited located at Naxal, Nagpokhari, 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.
KBL closed at Rs. 136.80 yesterday. Meanwhile, KBLPO has an LTP of Rs.106.00.
Similarly, The existing promoter of United Ajod Insurance Limited (UAIL) is auctioning 16,593 units of shares to the promoter shareholders from today.
Niroj Shrestha intends to sell 13,280 units, and Subash Neupane intends to sell 3,313 units of promoter shares to the existing promoter shareholders. Interested shareholders are requested to bid for the auction within 35 days from this notice's publication date, i.e. 22nd Chaitra, 2080. Rs. 205 is the minimum bid rate.
The shareholders should submit their bids at the corporate office of the institution located at CTC Mall, Sundhara, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be auctioned to the general public.
UAIL closed at Rs. 523.00.
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