Prudential Capital Management Auctioning Promoter Shares of These Companies From Today

Wed, Jan 19, 2022 11:56 AM on Latest, Auction,

Prudential Capital Management Company Limited is auctioning the promoter shares of seven companies. The auction has opened today, i.e. 5th Magh and will close on 11th Magh, 2078.

Individuals, institutions, and existing promoters of the respective companies are all eligible to bid for the auction.

This is the auction detail:

Company Symbol Share Type

Share Units

Minimum Bid Rate (In rs )

PRVU Promoter Share 46,000 175
PCBL Promoter Share 60,675 190

Promoter Share

2,00,000 175

Promoter Share

50,000 250

Promoter Share

23,000 400
NLICL Promoter Share 1,00,000 394
NICL Promoter Share 50,000 450

Allottees of the auction are entitled to the cash dividend, bonus shares, or right shares declared by the respective companies after Magh 05. 

NIC Asia Capital has been appointed the auction manager.