Civil Bank refunding the non-allottee auction bidders from today

Civil Bank is refunding the non-allottees of auction from today.The refund amount will be sent in the respective bank account, as stated in the auction forms.

The company had auctioned ordinary as well promoter shares from falgun 23th to 1st Chaitra. The auction forms were opened on 6th Chaitra and allotment was done on 14th, as per the prevailing law. 

133 was set as preliminary cutoff for the auction where 4,440 applicants participated. 

CBL was last traded for Rs 146 in the local bourse.