CIT to auction shares from Chaitra 3
Kathmandu, March 10
The shares of the founder group of the Citizens Investment Trust (CIT) owned by Nepal Bank Limited will be put up for auction.
A total of 468,828 shares of CIT owned by Nepal Bank will be put up for auction from Chaitra 3. Any individual, company and association can submit bids for the shares to be put up for auction.
The minimum price of the shares to be put up for auction has been fixed at Rs 1,502.50. Investors will have to submit bids by bidding the minimum price or more.
NIBL S Capital Limited, the securities sales manager, has stated that the minimum number of 100 lots and the there is no limit for the maximum number of shares.
Bids should be submitted to NIBL S Capital’s Kathmandu, Lazimpat office. Bids will have to be submitted within the banking hour by Chaitra 17.
- Industries Warn of Raw Material Exports Threatening Domestic Manufacturing, Urge Prime Minister to Intervene
- Nepal Rastra Bank Makes National ID Update Mandatory for Mobile Wallet Users by Mid-October 2026
- Nepal Supreme Court Rejects Legal Recognition of Ncell’s 80% Share Transfer, Orders Regulatory Action
- NEPSE Climbs 7.90 Points as Daily Turnover Surpasses Rs. 6 Billion
- Government Moves to End Exploitation in Foreign Employment, Reviews ‘Free Visa, Free Ticket’ Policy
- Nabil Bank Wins Three Prestigious Euromoney Awards, Named Nepal’s Best Bank
- Finance Minister’s Secretariat Urges Investors to Ignore Market Rumors, Says Regulatory Reforms Underway
- Nepal Rastra Bank Eases Margin Lending Rules, Allows Up to 80% Loan Against Strong Shares
- Kathmandu Court Grants Bail to Dipak Bhatt and Sulabh Agrawal in Securities and Insurance Fraud Cases
- Nepal Buildcon International Expo Concludes Successfully in Kathmandu
Comments