CDSC postpones DMAT implementation of 14 companies
ShareSansar MAY 24:
The CDSC had earlier stated that the shares of Nabil Bank, Ace Development Bank, Everest Insurance, United Finance, Sunrise Bank, Butwal Power Company and Vibor Bikas Bank were to be traded and settled only in DMAT form after Baishakh 14 but because of the massive earthquake that happened on Baishak 12 the shares of these companies would be considered for trading and settlement in DMAT form only from Jestha 17, 2072.
Whereas, the shares of Nepal Investment Bank Limited, Sanima Mai Hydropower Limited, Standard Chartered Bank Limited, Jyoti Bikas Bank, Nirdhan Uthhan Bank Limited, Prudential Insurance Company Limited and NIDC Development Bank Limited which were supposed to be traded and settled in DMAT form after Baishak 26 has been postponed for now.
