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Ngadi Group Power to Auction 873,061 Shares

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Nepse trading

Ngadi Group Power to Auction 873,061 Shares

Ngadi Group Power Limited is set to auction 873,061.225 shares for the general public.

  • Base Price: Minimum NPR 100 per share, with applications to be submitted through a competitive bidding process.

  • Application Limit: A minimum of 100 shares and a maximum of all available shares can be applied for.

  • Deadline: Applications can be submitted until Falgun 28.
    Issue Manager: Siddhartha Capital Limited.

  • Reason for Auction: These shares are from the previously issued 18,512,792.225 right shares, which remained unsold.

Application Submission Locations

  • Siddhartha Capital Limited,

  • Siddhartha Bank Branches

  • Biratnagar, Birtamod, Birgunj, Janakpur, Hetauda

  • Narayangadh, Pokhara, Baglung, Butwal, Ghorahi

  • Nepalgunj, Surkhet, Dhangadhi, Mahendranagar

Interested investors can apply for the auctioned shares through designated locations or online.

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  • ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    NEPSE trading

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    9 May, 2025