Sindhu Bikas Bank Starts re-auctioning  unclaimed promoter right shares from today

May 25, 2018 Merolagani

Sindhu Bikas Bank(SINDU) has started re-auctioning 535,301.40 units of unclaimed promoter right shares from May 25 to June 10.

Earlier the bank auctioned 538,305 units of promoter shares from January 16 to 24. However, only 3,001units were sold during the first auction. Thus, the company has opened the auction for all investors who are interested in purchasing the promoter shares.

The bank has appointed NIBL Capital as its issue manager. The interested promoter shareholders can apply for the shares from NIBL Capital Markets at Lazimpat, Laldurbar-Kathmandu, Lagankhel-Lalitpur, Traffic Chowk-Butwal, Aadarshanagar-Birgunj, Golchha Chowk-Biratnagar and Chipledhunga of Pokhara.

Similarly, the shareholders can apply from Surkhet, Nepalgunj, Narayangadh and Dhangadhi branch of Nepal Investment Bank.

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