National Fund Management Appoints Laxmi Sunrise Capital for 20% Share Issuance

National Fund Management Limited has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for the issuance of 2,106,000 ordinary shares worth NPR 21.06 crore, representing 20% of the company’s shares. The agreement was signed on 7 Mangsir 2082 by CEOs Saroj Guragain (National Fund) and Bijaya Lal Shrestha (Laxmi Sunrise Capital).

Registered as a public limited company, National Fund Management operates private equity, venture capital, and hedge funds under the Securities Board of Nepal regulations. It has successfully managed funds like "National Equity Fund-1" and "National Hydro Fund-2," holds a CARE-NP BBB (Is) rating, and has approximately 27% investment from government institutions along with banks, financial institutions, and NRNs, distributing dividends for the past three years.