Sagarmatha Finance, CDSCL sign agreement

KATHMANDU (REPUBLICA): Sagarmatha Finance Ltd and CDS and Clearing Ltd (CDSCL) have signed an agreement to dematerialize shares of the finance company. Issuing a statement, the finance company said it signed the agreement with the CDSCL on Sunday to dematerialize 1,512,507 units of its public shares and 1.68 million units of its promoters' shares following the start of trading at Nepal Stock Exchange (Nepse). The finance company has also urged its shareholders to contact any depository participant to open a demat account and dematerialize their shares.

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