Gurans Life to auction unsold right shares

Sep 21, 2020 09:53 AM Merolagani

Gurans Life Insurance (GLICL) is set to auction 600,000 units of unsold right shares.

The company will start auctioning 337,565 units of promoter and 252,449 units of ordinary right shares from September 29 to October 5.

The interested bidders can bid for a minimum of 100 and maximum of all shares within NRB limit at a minimum price of Rs 100.

NMB Capital is the issue manager of the company. The interested bidders can bid from NMB Capital, Nagpokhari, Kathmandu as well as Biratnagar, Jhapa, Birgunj, Janakpur, Hetauda, Chitwan, Pokhara, Baglung, Butwal, Nepalgunj, Surkhet, Dhangadhi and Mahendranagar branch of NMB Bank and Dang Branch of Shine Resunga Development Bank.

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