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Promoter Shares Of Himalayan Bank And Prabhu Bank In Auction From Today

The existing promoter of Himalayan Bank Limited (HBL) is auctioning 50,91,818 units of shares to existing promoter shareholders from today i.e. 30th Jestha, 2081.

50,91,818 units of promoter shares of HBL will be auctioned. Only existing promoters are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e. 30th Jestha. The shareholders should submit their bids at the central office of the bank located at Kamaladi, Kathmandu.

If no bids are received from the existing founder shareholders within the mentioned date, then the shares will be later auctioned to the general public.

As of writing, HBL has an LTP of Rs. 183.00. Meanwhile, HBLPO has an LTP of Rs. 150.00.

Auction notice:

The existing promoter of Prabhu Bank Limited (PRVU) is auctioning 1,69,539 units of shares to the general public/institutions from today.

1,69,539 unit promoter shares of PRVU will be auctioned. The general public/institutions are eligible to bid for the auction.

With no bids received from the existing shareholders within the allotted time frame, the shares are now open for auction to the general public as of today, the 30th Jestha, 2081. Interested individuals are requested to bid for the auction within 15 days from the date of publication of this notice, i.e. 30th Jestha. The shareholders should submit their bids at the central office of the bank located at Babarmahal, Kathmandu.

PRVU closed at Rs. 146.60. Meanwhile, PRVUPO has an LTP of Rs. 100.00.

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