Agreement Signed to Streamline Dematerialization Process

Kathmandu – A tripartite agreement has been signed between CDSC and Clearing House Limited, Nepal Micro Insurance Company Limited, and Himalayan Investment Banker Limited to facilitate the dematerialization of shares.

The agreement was formalized at a program held at the CDSC office in Putalisadak. As per the agreement, the dematerialization process will simplify the holding, transfer, and management of Nepal Micro Insurance Company Limited’s shares, ensuring greater efficiency and accessibility.

The signing ceremony was attended by Praveen Pandak, Chief Executive Officer of CDSC, Mrigendra Rimal, Chief Executive Officer of Nepal Micro Insurance Company, and Sumer Shumsher J.B. Rana, Chief Executive Officer of Himalayan Investment Banker.