NIC Asia Bank re-auctions promoter shares of CIT and National Life Insurance

Apr 05, 2021 09:33 AM Merolagani

NIC Asia Bank (NICA) is re-auctioning the promoter shares of Citizen Investment Trust and National Life Insurance from today.

The bank is auctioning 50,000 units of promoter shares of CIT (CIT)and 55,866 units of promoter shares of National Life (NLICL) till April 13.

The bank has quoted a minimum price of Rs 1,529 for a share of Citizen Investment Trust and Rs 466 for a share of National Life Insurance.

The interested bidders can bid for a minimum of 100 and maximum of all shares divisible by 10.

The bidders can bid from NIC Asia Capital and Thapathali-Kathmandu, Biratnagar, Birgunj, Pokhara, Butwal, Dhangadhi and Birendranagar branch of NIC Asia Bank.

Previously, NIC Asia Bank auctioned 50,000 units promoter shares of Citizen Investment Trust at a minimum price of Rs 1,540 and 61,366 units promoter shares of National Life Insurance at a minimum price of Rs 466 from March 23-31.

comments powered by Disqus