KATHMANDU, Jan 8: Laxmi Capital Market Ltd has signed an agreement with CDS and Clearing Ltd (CDSCL) to dematerialize its 'Laxmi Mutual Fund I' units. Issuing a statement, Laxmi Capital said that its CEO Rajiv Sapkota and CDSCL CEO Dev Prakash Gupta signed the agreement on Friday to dematerialize 50 million units of the fund. Laxmi Bank Ltd is the fund sponsor while Laxmi Capital is the Fund Manager and Depository. Similarly, Laxmi Capital has said that Rapti Bheri Bikas Bank has signed another agreement with CDSCL to dematerialize its 1,250,134 units of shares.
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