Matured Nabil Balance Fund to auction shares of 30 companies

May 18, 2018 Merolagani

Following the maturity of Nabil Balance Fund (1) on April 12, Nabil Investment is auctioning the shares of 30 different companies invested by the fund.

The interested bidders can bid for the shares from May 20-27. The bid will be unveiled on May 28.

As per the company, it has already sold the majority of shares through the secondary market, however, it is auctioning the remaining bonus, to-be listed right shares and shares of the companies that are in merger process through auction.

The company has tagged a minimum price of Rs 100 for a share and Rs 1000 for bonds.

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