Last day to bid for promoter shares of CIT

Sep 20, 2020 09:49 AM Merolagani

Today is the last day to bid for promoter shares of Citizens Investment Trust (CIT) auctioned by Premier Insurance (PIC).

The insurance company auctioning 50,000 units of promoter shares of Citizens Investment Trust under its ownership from September 13.

The interested banks and financial institutions and insurance companies can bid for a minimum of 100 and maximum of all shares divisible by 10 at a minimum price of Rs 2,300.

The interested bidders can bid from issue manager Nabil Investment Banking, Central Plaza, Naxal and Head Office of Premier Insurance at Narayanchaur, Naxal.

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