Promoter Shares of Nabil Bank And Himalayan Life Insurance In Auction From Today

Mon, Apr 29, 2024 11:06 AM on Latest, Auction,

The existing promoter of Nabil Bank Limited (NABIL) is auctioning 3,00,000 units of shares to the interested promoter shareholders from today.

Laxmi Bahadur Shrestha intends to sell 1,50,000 units and Binu Shrestha intends to sell 1,50,000 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. 17th Baishakh, 2081.

The shareholders should submit their bids at the central office of the bank located at Tindhara, Durbarmarg, Kathmandu. If no bids are received from the existing founder shareholders within the mentioned date, then the shares will be later auctioned to the general public.

NABIL closed at Rs. 427.00 yesterday. Meanwhile, NABILP has an LTP of Rs.307.20.

Auction notice:

Similarly, The existing promoter of Himalayan Life Insurance Limited (HLI) is auctioning 1,15,000 units of shares to the interested promoter shareholders from today.

Binaya Kumar Todi intends to sell 1,15,000 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. 17th Baishakh, 2081.

If no bids are received from existing founder shareholders within the specified timeframe, the shares will later be auctioned to the general public.

HLI closed at Rs. 389.50. Meanwhile, HLIPO has an LTP of Rs. 255.

Auction Notice: