KATHMANDU, December 26:
The number of listed companies that have agreed to dematerialise their shares at CDS and Clearing Ltd (CDSC) has reached 16.
Nepal Life Insurance Company has become the latest company to sign the agreement with CDSC on dematerialising the insurer’s listed securities. As per the agreement, Nepal’s only central depository will dematerialise the life insurer’s 6.375 million units of shares listed on Nepal Stock Exchange (Nepse).
Including this firm, 16 companies have so far dematerialised their shares for electronic transfer and settlement. There are 235 companies listed
The number of listed companies that have agreed to dematerialise their shares at CDS and Clearing Ltd (CDSC) has reached 16.
Nepal Life Insurance Company has become the latest company to sign the agreement with CDSC on dematerialising the insurer’s listed securities. As per the agreement, Nepal’s only central depository will dematerialise the life insurer’s 6.375 million units of shares listed on Nepal Stock Exchange (Nepse).
Including this firm, 16 companies have so far dematerialised their shares for electronic transfer and settlement. There are 235 companies listed
