Reliance Finance to auction unsold right shares for 4th time

Feb 22, 2019 Merolagani



Reliance Finance (RLFL) is set to auction unsold promoter right shares for the fourth time from March 1. The company is auctioning 188,874.52 units of unsold promoter right shares.

According to the company, the interested bidders can bid for a minimum of 1000 units of shares at a minimum price of Rs 100. The company is opening the re-auction to both existing promoter shareholders and general investors.

Reliance Finance has appointed Sunrise Capital as its issue manager. The interested bidders can bid for the shares from Sunrise Capital, Kamalpokhari, Kathmandu as well as Pokhara, Chitwan, Kavre, Jhapa branch of Reliance Finance and Biratnagar, Birgunj, Butwal, Nepalgunj, Surkhet and Dhangadhi branch of Sunrise Bank.

Presently, Reliance Finance has a paid-up capital of Rs 512.5 million that will reach Rs 743.2 million after adjustment of the right issue.




ISIN Integration Triggers Massive Share Influx, Crashing Prices of Emerging Nepal and Kalinchowk Darshan

Sep 09, 2026 03:36 PM

A sudden surge in share supply following a regulatory ISIN integration has sent shockwaves through the Nepali stock market, triggering heavy price corrections for Emerging Nepal Limited (ENL) and Kalinchowk Darshan Limited (KDL).

Gold and Silver Price Decline

Sep 09, 2026 10:50 AM

Gold and Silver Price Increase

Sep 08, 2026 10:44 AM

Gold and Silver Price Increase

Sep 13, 2026 10:36 AM

Gold and Silver Price Increase

Sep 10, 2026 10:58 AM