Home News & Announcements CBBL & NLICL Promoter Shares in Auction from Today
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CBBL & NLICL Promoter Shares in Auction from Today

by Expert Nepal
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The current promoters of Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) are auctioning off 69,000 units of promoter shares to the general public between 10th Baisakh and 21st Baisakh, 2083.

Bidding is open to existing promoters, the general public, and institutions. The minimum bid price for this auction is Rs. 445. Bidders are required to bid for at least 5,000 units of shares. While it’s permissible to bid for the entire amount available, participants must adhere to Nepal Rastra Bank’s regulations concerning the maximum quantity of shares that one entity can acquire.

NIC Asia Capital Limited has been designated as the auction manager.

Auction Notice:

The current promoters of Nepal Life Insurance Company Limited (NLICL) are auctioning 50,000 units of promoter shares to the general public from 10th Baisakh to 24th Baisakh, 2083.

Eligible bidders include the current promoters, the general public, and institutions. The auction’s minimum bid rate is set at Rs. 401, with a minimum purchase requirement of 2,000 units. Participants may bid for the entire lot, but must comply with Nepal Rastra Bank’s stipulations regarding the maximum share limit per entity.

Garima Capital Limited has been assigned as the auction manager.

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