Synergy Power To Auction Unsold Units on October 18

Oct 09, 2023 09:52 AM Merolagani



Synergy Power Development (SPDL) is auctioning unsold right shares on October 18

The company had issued 2:1 right shares from August 20 to September 17. The company issued 4,032,875 units of right shares, out of which, 44,794 shareholders were allotted 3,469,614 units of shares.

The remaining 563,261 units of shares will being auctioned by the company.

The auction wll close on November 1.

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

The company has appointed Sanima Capital as the issue manager. The bidders can bid from the office of issue manager as well as Hetauda, Narayangadh, Biratnagar, Birtamod, Birgunj, Janakpur, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi, Mahendranagar and Pokhara branches of Sanima Bank. Moreover, they can bid from Baglung branch of Garima Bikas Bank.




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