Unitholders of Siddhartha Equity Oriented Scheme receive matured investment from today; merchant bank urges dematerialization

Thu, Oct 3, 2019 2:01 PM on Latest, Mutual Fund,

Siddhartha Equity Oriented Scheme (SEOS), a mutual fund scheme managed by Siddhartha Capital Limited and sponsored by Siddhartha Bank Limited, had matured on Shrawan 4, 2076.

The merchant bank has now published notice informing the unitholders regarding the liquidation of the scheme. The merchant bank has started depositing the matured investment in the bank accounts of the unitholders from Ashwin 16, 2076 i.e. today, in chronological order.

For this purpose, the merchant bank has requested the unitholders of the scheme to dematerialize their holdings if they already haven’t.