Promoter Shares of Kumari Bank And United Ajod Insurance In Auction From Today

Fri, Apr 26, 2024 7:19 AM on Latest, Auction,

The existing promoter of Kumari Bank Limited (KBL) is auctioning 5,99,121 units of shares to the interested promoter shareholders from today.

Shova Mishra intends to sell 5,99,121 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. 14th Baishakh, 2081.

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. 134.00 yesterday. Meanwhile, KBLPO has an LTP of Rs.106.00.

Auction Notice:

Similarly, The existing promoter of United Ajod Insurance Limited (UAIL) is auctioning 1,19,882 units of shares to the promoter shareholders from today.

Prithee Tiwari intends to sell 1,00,000 units, and Srijana Joshi intends to sell 19,882 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. 13th Baishakh, 2081. Rs. 250 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. 522.00.

Auction Notice: