नेपाल फाइनान्स लिमिटेडको हकप्रद संस्थापक शेयर लिलामी बिक्रीको सूचनाNepal Finance Limited: Auction Sale of Promoter Shares

Notice for Sealed Bid Auction Sale of Promoter Shares

Start date for submitting sealed bids: २०८३/०२/२८

Last date for submitting sealed bids: २०८३/०३/१२

Details of securities to be sold through bids:

Promoter Shares : ६,२२,७८७ units

Nepal Finance Limited is offering its promoter shares for sale. Applications are invited for the remaining shares after the allotment of promoter and public shares, as mentioned above. These shares will be sold through auction bidding in accordance with prevailing laws and regulations and Nepal Rastra Bank's Securities Issuance and Allotment Directive, २०७४. Individuals, companies, and institutions interested in purchasing shares through bidding are invited to submit sealed bid applications, clearly stating the price per share they are willing to offer, at the locations mentioned below within the period specified in this notice.

Details

S.N. Application form collection and submission centers

१. Prabhu Capital Limited, Kamaladi, Kathmandu.

२. Nepal Finance Limited's Central Office Kamaladi, Banepa, Machhapuchhre, Lagankhel and Tilottama branch offices.

३. Prabhu Bank Limited's Biratnagar, Birgunj, Pokhara, Nepalgunj, Surkhet and Dhangadhi branch offices.

Conditions:

१. Bid application forms can be obtained from the collection centers mentioned above upon payment of Rs. १००/- in cash.

२. The minimum price per share is fixed at Rs. १००/-, so bids must be quoted at or above this price.

३. The number of shares you wish to purchase and the rate per share must be clearly written in both figures and words in the bid application form. If there is a discrepancy between figures and words, the amount written in words will be considered valid. Signatures must be affixed in case of any overwriting. If the bid amount is unclear due to overwriting, the deposited amount will be considered as the basis.

४. Bidders must clearly state all details including their name, address, telephone number, etc., in the bid application form.

५. Bidders can apply for a minimum of १००० units of promoter shares or any number of shares divisible by १० above that, up to the maximum total units. However, the total number of shares applied for purchase by an individual or institution must not exceed the maximum limit set by Nepal Rastra Bank.

६. The full amount for the shares the bidder wishes to purchase must be deposited in cash in the name of Prabhu Capital Ltd. at Kamaladi, Kathmandu, and Nepal Finance Limited at Kamaladi, Kathmandu, and the original voucher must be attached, or a Good for Payment Cheque or Manager's Cheque drawn in the name of Prabhu Capital Ltd. or a deposit through Connect IPS into the said account, along with its receipt, must be submitted with the bid. If the cheque is not honored, the application form will automatically be cancelled. Additionally, for Good for Payment, the applicable charges and for Good for Payment Cheque deposits exceeding Rs. २ lakhs, the Cheque Clearing charges must be borne by the applicant themselves.

S.N. Bank Name, Address Account Name Account No.

१. Prabhu Bank Limited, Kamaladi, Kathmandu Prabhu Capital Limited १११०००६२९८१००१२३

२. Nepal Finance Limited, Kamaladi Prabhu Capital Limited ००१००१००००३३०२०००००१

७. For successful applicants, shares will be transferred to the applicant's beneficiary account, so it is mandatory to mention the beneficiary account in the application.

८. In the case of the promoter group, if bids are at the same price, priority will be given to existing promoters. When applying, all procedures specified by Nepal Rastra Bank, including Schedule ३ (Fit and Proper Test), tax clearance certificate, details of not being blacklisted by the Credit Information Bureau, citizenship certificate, police clearance certificate, source of income, and other necessary documents must be submitted. If an individual other than a promoter of the finance company applies to purchase shares from the promoter group and if regulatory body approval is required for allotment, the shares will be allotted only after obtaining such approval.

९. When submitting the bid application, the envelope must be sealed and marked outside with “Nepal Finance Limited Share Purchase Application - Promoter Group”.

१०. Bids must be registered at the designated collection centers within office hours on २०८३/०३/१२. Applications received late or incomplete will not be processed.

११. After submitting the bid, no changes can be made to the number of shares or the amount quoted in the bid, nor can the bid be withdrawn.

१२. After all bids are collected from the collection centers at the office of the sales manager, the date, time, and place for opening the bids will be announced through a national newspaper, and then the bids will be opened.

१३. Shares will be sold to the highest bidders among the properly received bids. If there are two or more bid applications at the same price for the remaining shares after sale, the shares will be allotted proportionally.

१४. The amount deposited by applicants whose bids are not allotted will be refunded in accordance with the provisions of the Securities Issuance and Allotment Directive २०७४. It is also informed that no interest will be paid on such amounts.

१५. If no bids are received for the purchase of the quoted shares, or if only partial bids are received for all shares to be sold and a remaining number of shares exist, it will be as per the decision of the Board of Directors of Nepal Finance Limited. The full right to sell or not to sell shares, or to allot fewer shares than applied for, shall be vested in the Board of Directors of Nepal Finance Limited. Furthermore, any dispute regarding application and allotment shall be finally decided by the Board of Directors of Nepal Finance Limited.