Green Development Starts auctioning unclaimed right shares from today

May 24, 2018 Merolagani

Green Development Bank (GRDBL) has started auctioning 651,213 units of unclaimed right shares that went unsold during its issuance. The company is auctioning 337,500 units of unclaimed promoter right shares and 313,713 units of unclaimed general right shares from May 24-31.

The interested bidders for general shares can apply from Laxmi Capital Market, New Baneshwor-Kathmandu as well as Birgunj, Biratnagar, Butwal, Pokhara, Surkhet, Nepalgunj and Dhangadhi branch of Laxmi Bank and branches of Green Development Bank at Hari Shankar Road-Baglung, Beni and Pokhara.

However, the bidders for promoter shares can bid from Laxmi Capital Market at New Baneshwor-Kathmandu and head office of Green Development Bank at Harishankar Road-Baglung.

The interested bidders can bid for a minimum of 100 general shares and 1,000 promoter shares and a maximum of all shares divisible by 10 at a minimum price of Rs 100.

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