Compulsorily trading of 106 companies in Demat from today ; free from hassle of paper work

Mon, Aug 24, 2015 12:00 AM on Others, Others,

ShareSansar, August 24:

Central Depository System and Clearing Limited (CDSC) had instructed 41 listed companies to get their shares fully dematerialized by  Bhadra 6, 2072. From today, the transactions in the shares of these companies cannot take place in the BT form or physical form as the shares of these companies will have to be traded in the demat form.    

CDSC had earlier instructed 65 listed companies to get their shares fully dematerialized. Now, there will be a total of 106 companies being traded in DEMAT form.

It is believed that electronic trading and settlement, facilitated by CDSC, would free the traders and individual investors from the hassles and risks associated with physical shares.

S.No

Companies

1

Triveni Bikas Bank Ltd.

2

Alpine Development Bank Ltd.

3

Cosmos Development Bank Ltd.

4

Tinau Development Bank Ltd.

5

Apex Development Bank

6

BiratLaxmi Bikas Bank Ltd.

7

Gandaki Bikas Bank Ltd.

8

Garima Bikas Bank Ltd.

9

Gaumukhi Bikas Bank Ltd.

10

Infrastructure Development Bank Ltd.

11

Kankai Bikas Bank Ltd.

12

Kasthamandap Development Bank Ltd.

13

Laxmi Laghubitta Bitiya Sansatha Ltd.

14

Mahakali Bikas Bank Ltd.

15

Malika Bikas Bank Ltd.

16

Manaslu Bikas Bank Ltd

17

Mission Development Bank Ltd.

18

Miteri Development Bank Ltd.

19

Muktinath Bikas Bank Ltd.

20

Nagbeli Laghubitta Bikas Bank Ltd.

21

Namaste BitiyaSanstha Ltd

22

NDEP Developmet Bank Ltd

23

Nerude Laghubitta Bikas Bank Ltd

24

Proffessional Diyalo Bikas Bank Ltd

25

Sahayogi Bikas Bank Ltd

26

Sana Kisan Bikas Bank Ltd

27

SewaBikas Bank ltd

28

Siddhartha Development Bank Ltd.

29

Supreme Development Bank Ltd

30

Yeti Development Bank Ltd

31

Asian Life Insurance Company Ltd

32

Gurans Life Insurance Company Ltd.

33

Nepal Life Insurance Company Ltd.

34

Prime Life Insurance Company Ltd.

35

Synergy Finance Ltd

36

Union Finance Ltd

37

Lalitpur Finance Ltd

38

Jebils Finance Ltd

39

Nepal Aawas Finance  Ltd.

40

Nagarik Lagan iKosh

41

Country Development Bank