Sahara Bikas Bank to auction unsold promoter right shares from August 15

Aug 07, 2020 10:55 AM Merolagani

Sahara Bikas Bank (SHBL) is set to sell 921,148.70 units of promoter shares through auction bidding from August 15-24.

The company is auctioning the unsold right shares that went unsold during its issuance from May 20-July 9.

The interested investors can bid for a minimum of 1,000 units and maximum of all units at a minimum price of Rs 100.

The company has appointed NIBL Ace Capital. The interested bidders can bid from NIBL Ace Capital, branches of Nepal Investment Bank at Narayangadh, Hetauda, Birtamod, Janakpur, Tulsipur, Surkhet, Nepalgunj and Dhangadhi, branch office of Sahara Bikas Bank and Baglung branch of Green Development.

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