Civil bank limited (CBL) is auctioning unclaimed right share from today, 23 Falgun 2074.
Civil bank is auctioning 9,94,358.50 units ordinary shares & 32,44,600.25 unit promoter shares. These shares are unsold of 40% right share which was issued from 22 Mangsir 2074 to 12 Magh 2074. The auction will last for 1 Chaitra 2074.
The issue manager is Laxmi Capital market Limited for auction.
Bidder must quote a minimum price of Rs 100 with minimum 100 units of shares. For promoter share only existing promoter are eligible.
Interest bidder can collect form from laxmi capital, new baneshwo, Kathmandu & submit within 1 Chaitra 2074.
The bank requested the bidders to deposit bid amount in account number 00534010757 Laxmi Bank Limited in the name of Laxmi capital market limited.
Currently its paid up capital is 5.18 arba. After right adjustment, paid up capital will reach to 7.25 arba. Still CBL needs to hike its capital by 75 crore to meets NRB directives of minimum 8 arba capital.
It had earned 21.97 crore in the Q2 of FY 2074/75.
Last trading price stood at Rs.155.
