CIT to auction unsold right shares from March 5

Feb 24, 2021 09:39 AM Merolagani

Citizens Investment Trust CIT) is set to auction unsold right shares from March 5.

The company is auctioning 354,150.05 units of right shares that went unsold during its issuance. The interested bidders can bid for the shares till March 15.

The interested bidders can bid for a minimum of 10 and maximum of all shares at a minimum price of Rs 100.

The company has appointed RBB Merchant Banking as its issue manager. The interested bidders can bid from Birgunj, Janakpur, Narayangadh, Baglung, Butwal, Nepalgunj, Birendranagar, Dhangadhi, Birtamod, Hetauda, Tulsipur and Mahendranagar branch of Rastriya Banijya Bank and New Baneshwor, Birtnagar and Pokhara branch of CIT.

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