Investors can submit sealed bids until Bhadra 3 with a minimum price of Rs. 100 per share.
Terhathum Power Company Limited is set to auction 4,18,738 units of unsold rights shares through a sealed bidding process. These shares remained unsubscribed during the company’s 1:1 rights offering, which was open from Asar 16 to Shrawan 11.
The auction process will begin on Shrawan 27 and continue until Bhadra 3. Investors are required to submit sealed bids mentioning Rs. 100 or higher per share, which is the minimum bid price.
While the minimum bid quantity is 100 shares, there is no upper limit for the number of shares one can apply for. The issue and sales manager for the auction is Nabil Investment Banking Limited.
Interested investors can submit their applications at Nabil Investment Banking Limited or designated branches of Nabil Bank, located in:
Biratnagar
Birtamode
Birgunj
Hetauda
Jawalakhel
Suryabinayak
Pokhara
Butwal
Nepalgunj
Surkhet
Dhangadhi
Both individuals and institutions are eligible to participate in this auction and submit bids.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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