First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) announces the auction of its existing promoter’s 1,20,000 units of shares, providing an opportunity for investors to acquire a stake in the company. The auction will run from today, 31st Baishakh, to 7th Jestha, 2081.
Interested individuals, companies, and institutions meeting the qualification criteria are eligible to participate in the auction. The minimum bid rate is set at Rs. 315 per share, with a minimum bid quantity of 15,000 units and a maximum bid quantity of 1,20,000 units for the promoter shares.
Muktinath Capital Limited has been appointed as the auction manager to oversee the process and ensure transparency.
As of the latest update, FMDBL’s Last Traded Price (LTP) stands at Rs. 654.90, indicating investor interest in the company’s shares.