The company had earlier invited applications for 63,847 units of promoter shares, but it had not received applications for 63,8 TAG_OPEN_div_22 47 units.
The auction process was initiated for the first time as per Rule 21 of the prevailing laws and Securities Registration and Issue Rules, 2073 BS.TAG_OPEN_div_20
As per the decision of the Board of Directors of the company, the existing promoter shareholders of the company as well as eligible individuals, companies, associations and organizations can apply for the shares.TAG_OPEN_div_18
Interested investors are required to submit a confidential sealed bid stating the price of each share during the banking period from July 15, 2083 to July 1, 2083.TAG_OPEN_div_16 The company has fixed the minimum issue price at Rs 100 per unit.
Laxmi Sunrise Capital Limited’s Kamalpokhari office and Laxmi Sunrise Bank Limited branch offices in different provinces have been making arrangements for bidding and submission.TAG_OPEN_div_14
After the tenders are collected from the collection center to the sales manager’s office, the date, time and place of opening the bid will be made public through the national daily.TAG_OPEN_div_12
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