Citizens Bank 1 Lakh Units Promoter Shares Auction Announcement

Citizens Bank 1 Lakh Units Promoter Shares Auction
Citizens Bank 1 Lakh Units Promoter Shares Auction Announcement

The Key Details of Citizens Bank 1 Lakh Units Promoter Shares Auction Announcement  are as follows:

Detail Information
Auction Units 1,00,000 units
Auction Starting Date 8th Jestha, 2081
Seller Gajendra Bahadur Shrestha
Minimum Bid Rate Rs. 100
Bid Submission Deadline Within 35 days from 8th Jestha, 2081
Bid Submission Location Central office of the bank, Narayanhiti Path, Kathmandu
CZBIL Closing Price (As of Yesterday) Rs. 172.00
CZBILP LTP Rs. 105.00

The existing promoter of Citizens Bank International Limited (CZBIL), Gajendra Bahadur Shrestha, is auctioning 1,00,000 units of promoter shares to interested promoter shareholders starting today. The minimum bid rate for the shares is set at Rs. 100. Interested promoter shareholders must submit their bids within 35 days from the publication date of this notice, i.e., by 8th Jestha, 2081.

Bids should be submitted at the central office of the bank located at Narayanhiti Path, Kathmandu. If no bids are received from existing founder shareholders within the specified timeframe, the shares will subsequently be open for auction to the general public.

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