Prudential Insurance opening bids for auctions of unclaimed promoter and ordinary shares today

ShareSansar, March 3:

Prudential Insurance Company Limited  is opening the bids for the auction of its unclaimed shares today.

Prudential is auctioning 21,250 units of unclaimed promoter shares and 11,636 units of ordinary shares to the general public.

The minimum bid price for both kinds of shares has been priced at Rs 100, and the bidders must apply for a minimum of 100 units and deposit the entire bid amount in advance.

The bid will be opened at 10:00 AM on March 3 for the promoter shares, and at 10:30 AM same day for the ordinary shares at the office of NMB Capital at Babarmahal in Kathmandu to conclude the auction.