Siddhartha Investment Growth Scheme 1 closing auction of 49,687 unit promoter shares of Sunrise Bank today

Siddhartha Investment Growth Scheme 1 (SIGS1) is closing its ­auction for promoter shares of Sunrise Bank Limited (SRBL) today (Magh 24, 2074). SIGS is selling 49,687 units promoter shares as hold by the mutual fund because the fund matured. The auction was open from Poush 20, 2074 and the bids will be opened to conclude the auction on Magh 25, 2074. Siddhartha Capital Limited is the issue manager for this auction. Interested bidders must bid for minimum of 1000 units of shares. Interested bidders can collect bid forms from Siddhartha Capital Limited, Naxal, Kathmandu and submit their bids within office hours on Magh 24, 2074. Interested bidders must attach Good for Payment cheque with the application form. SRBL had earned Rs 59.42 crore in the second quarter of the FY 2074/75. Announcement: