Prudential Insurance auctioning 54,631 units ordinary shares from today; auction closes on Shrawan 19

Mon, Jul 27, 2020 9:40 AM on Auction, Latest,

Prudential Insurance Company Limited (PICL) had issued 60% right shares to its shareholders recently. The bank is auctioning the unsold right shares from Shrawan 12 till Shrawan 19, 2077. The company is auctioning 54,631 units ordinary shares.

The minimum bid amount has been set at Rs 100, so the bids should be equal to or above Rs 100. Similarly, applicants can bid for a minimum of 100 units and no limit has been set for maximum units. The applicant can attach a good for payment cheque with the bid application or can attach a voucher by depositing the amount. The amount can be deposited at the following account:

Bank name: NMB Bank Limited 
Account name: NMBCL-Right PICL 2076/77
Account number: 0010005401000089

The bid applications can be received and submitted in the following locations:

  • NMB Capital Limited, Nagpokhari, Kathmandu
  • Branches of NMB Bank Limited outside valley: Birtamode, Jhapa; Bhanuchow, Janakpur; Narayanghad, Chitwan; Mahendrapath, Baglung; Dang; Birendranagar, Surkhet; Bhimdutta, Mahendranagar; Rongoliroad, Biratnagar; Adarshanagar, Birgunj; Hetauda; Newroad, Pokhara; Milanchow, Butwal; Surkhetroad, Nepalgunj and Buspark Road, Dhangadi.

Click here for Auction Notice: