Vishal Group Auctions 7,00,000 Promoter Shares of Nepal Reinsurance Company


Vishal Group Limited has announced the auction of 7,00,000 units of promoter shares of Nepal Reinsurance Company Limited (NRIC). The auction begins today, 5th Bhadra, and will remain open until 8th Ashwin, 2081.

The auction is exclusively for eligible promoter shareholders of NRIC. The minimum bid rate is set at Rs. 450 per share, with a minimum bid quantity of 1,00,000 units.

NIC Asia Capital Limited has been appointed as the auction manager for this sale.

As of now, NRIC shares have a Last Traded Price (LTP) of Rs. 903.10.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Interesting Read

Prabhu Select Fund and Prabhu Smart Fund Announce Dividends for Fiscal Year 2080/81
Latest Articles

Prabhu Select Fund and Prabhu Smart Fund Announce Dividends for Fiscal Year 2080/81

Prabhu Capital has announced the dividend distribution for its two popular mutual funds—Prabhu Select Fund (PSF) and Prabhu Smart Fund (PRSF)—for the fiscal year 2080/81. The board of directors finalized the dividend payout during its 198th meeting on Bhadra 31. Prabhu Select Fund (PSF) will give a 10% cash dividend to its unitholders, while Prabhu […]

Read More
Sanima Reliance Life Insurance Announces 7th AGM and 18.38% Dividend
Latest Articles

Sanima Reliance Life Insurance Announces 7th AGM and 18.38% Dividend

Sanima Reliance Life Insurance Limited (SRLI) has scheduled its 7th Annual General Meeting (AGM) for 23rd Ashwin, 2081. The meeting will take place at Anmol Banquet, Sankhamul, Naya Baneshwor, Kathmandu, starting at 11:00 am. One of the key highlights of the AGM will be the approval of an 18.3811% dividend for the fiscal year 2079/80. […]

Read More
Sahas Urja Limited Announces 8.421% Dividend
Latest Articles

Sahas Urja Limited Announces 8.421% Dividend

Sahas Urja Limited (SAHAS) has declared an 8.421% dividend for the fiscal year 2080/81 and has scheduled its Annual General Meeting (AGM) for 4th Kartik, 2081. The AGM will be held at Karki Banquet, Babarmahal, Kathmandu, starting at 11:00 AM. The company has proposed 8% bonus shares worth Rs. 28 Crores and a 0.421% cash […]

Read More
Powered by Namaste Webmedia