Nagbeli Laghubitta to auction unsold right shares from November 21

Nov 14, 2018 Merolagani

Nagbeli Laghubitta Bittiya Sanstha (NBBL) is set to auction 9,518.44 units of unsold general right shares from November 21-28. The company issued 100 percent i.e 766,463.15 units of right shares worth Rs 76.6 million to its existing shareholders from July 20-August 23.

The interested bidders can bid for the auctioned shares from its issue manager NMB Capital at Nagpokhari- Kathmandu as well as Biratnagar, Birgunj, Butwal, Pokhara, Nepalgunj, Surkhet and Dhangadhi branch of NMB Bank.

The interested bidders can bid for a minimum of 100 and maximum of all shares divisible by 10 or within the limit set by NRB at a minimum price of Rs 100.

Presently, the company has a paid-up capital of Rs 76.6 million. After the adjustment of the right issue, the paid-up capital of the company will reach Rs 153.2 million.

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