Samriddhi Finance to auction unsold right shares

Apr 05, 2022 09:52 AM Merolagani

Samriddhi Finance (SFCL) is set to auction 940,466 units of unsold right shares including 867,366 units of promoter and 73,100 ordinary right shares from April 12.

The company is auctioning the right shares that went unsold during its issuance from February 20-March 13.

the auction will close on April 20. The interested bidders can bid for a minimum of 1000 units in case of promoter and 100 units in case of ordinary shares at a minimum price of Rs 100.

The company has appointed BOK Capital as its issue manager. The bidders can bid from the issue manager as well as Biratnagar, Birgunj, Pokhara, Butwal, Nepalgunj, Birendranagar and Dhangadhi branch of Bank of Kathmandu. Moreover, they can bid from the head office, Chitwan, Pokhara and Butwal branch of Samriddhi Finance.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold Price Gains, Silver Declines

Apr 28, 2024 10:59 AM

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM

Chirkhwa Hydropower Incurs Loss

Apr 25, 2024 09:26 AM