SuryaJyoti Life Insurance Promoter Shares Up for Auction
SuryaJyoti Life Insurance Company Limited (SJLIC) is conducting an auction of 2,00,000 units of promoter shares, managed by NIC Asia Capital Limited.
The auction period is scheduled from 26th Chaitra, 2082 to 3rd Baisakh, 2083.
Auction Details
- Shares on Auction: 2,00,000 units (promoter shares)
- Eligible Participants: Promoter shareholders or institutions
- Minimum Bid Price: Rs 175 per share
- Minimum Bid Quantity: 5,000 units
The auction allows eligible bidders to acquire promoter shares at the set minimum price or higher, based on competitive bidding.
Current Market Information
- Last Traded Price (LTP) of SJLIC: Rs 446.00
- Auction Manager: NIC Asia Capital Limited
This auction provides an opportunity for eligible investors to increase their stake in SJLIC or enter the promoter shareholder pool.
Summary
SuryaJyoti Life Insurance Company Limited promoter shares are being auctioned by NIC Asia Bank Limited from 26th Chaitra, 2082 to 3rd Baisakh, 2083. A total of 2,00,000 units are available, with a minimum bid of Rs 175 and minimum 5,000 units per bid. The auction is managed by NIC Asia Capital Limited, while the shares currently trade at Rs 446 on NEPSE.