Promoter Shares of Nepal Infrastructure Bank And Narayani Development Bank In Auction From Today

Sun, Mar 17, 2024 11:06 AM on Latest, Auction,

The existing promoter of Nepal Infrastructure Bank Limited (NIFRA) is auctioning 6,00,000 units of shares to the interested promoter shareholders from today.

Bhod Prasad Tripathi intends to sell 6,00,000 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. 4th Chaitra.

The shareholders should submit their bids at the central office of the company located at Baneshwor, 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.

NIFRA closed at Rs. 212.50.

Auction Notice:

Similarly, The existing promoter of Narayani Development Bank Limited (NABBC) is auctioning 50,042 units of shares to the interested promoter shareholders from today.

50,042 units of promoter shares are being auctioned 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. 4th Chaitra.

The shareholders should submit their bids at the central office of the company located at Ratnanagar, Tandi, Chitwan. 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.

NABBC closed at Rs. 403.00.

Auction Notice: