Extension of application deadline for Prabhu Bank shares which is Rs. 123, how long can you fill now?

Kathmandu, March 20: The application deadline for Prabhu Bank founder share auction has been extended. The bank had put up 46 lakh 74 thousand 396 shares for sale through founder share auction from last February 12th. The purchase application could be made for the said shares today, 26th of February, till the banking hours.

But by extending the deadline for applying, the securities sales manager Prabhu Capital said that the application for the shares can be made till 5th of Chait. Existing founding shareholders as well as other interested general investors and organizations can apply for the auction shares. Investors can apply for a minimum of 10,000 shares. There will be no limit on the maximum.

The minimum price of the auctioned shares has been set at Rs 123 per share. This means that a minimum price or more must be negotiated to make a purchase application. Prabhu Capital will be the sales manager. Bids for the purchase of shares should be submitted to the office of Securities Sales Manager Prabhu Capital in Kamaladi, Kathmandu.