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Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions 1
Business | Market | Economy

Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions

Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning from the 11th Poush to the […]

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Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares 3
Business | Market | Economy

Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares

Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080. In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding rate set at Rs. 120 […]

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"Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions" 5
IPO | FPO

“Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”

The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the sale of 1,78,865 units of promoter shares through an auction. This auction is open to both interested promoter shareholders and the general public/institutions, spanning from the 4th Poush to the 13th Poush, 2080. In this auction, a total of 1,78,865 units of promoter […]

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"Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares" 7
Business | Market | Economy

“Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”

Shree Ganesh Properties & Investment Private Limited has initiated the auctioning of 1,24,833 promoter shares of Himalayan Life Insurance Limited (HLI), starting from the 1st to the 6th of Poush, 2080. During this auction, a total of 1,24,833 promoter shares of HLI are available for bidding, with a minimum bid quantity set at 10,000 units. […]

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Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders 9
Business | Market | Economy

Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders

The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also […]

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Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump 11
Gold | Silver | Forex

Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump

The price of gold has observed a decline of Rs. 800 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is reported at Rs. 1,18,400 per tola, representing a decrease from its stable position the previous day at Rs. […]

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Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola 13
Gold | Silver | Forex

Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola

The price of gold has witnessed a notable decrease of Rs. 2,400 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is recorded at Rs. 1,19,200 per tola, representing a decline from its previous day’s stable position at Rs. […]

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Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited 15
Business | Market | Economy

Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited

Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set to run from the 19th to the 26th of Mangsir, 2080. During this auction, the specified 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited will be available for […]

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Kumari Bank Initiates Auction of 22,000 Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders 17
Business | Market | Economy

Kumari Bank Initiates Auction of 22,000 Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders

The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 22,000 units of shares, exclusively available to interested existing promoter shareholders starting today. Nagendra Prasad Bimali aims to sell these units to current promoter shareholders, and interested parties are invited to participate in the auction within 35 days from the publication date […]

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Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders 19
Business | Market | Economy

Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders

The current promoter of Citizens Bank International Limited (CZBIL) has initiated the auction of 70,490.61 units of shares, exclusively available to interested existing promoter shareholders, starting today. Ila Sharma plans to divest 70,490.61 units of promoter shares, and the auction is open exclusively to current promoter shareholders. The minimum bid rate for the auction has […]

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