Guheswori Merchant Finance, National, Barun & Arun Valley Hydropower signs deal with CDSC; 139 companies’ shares dematerialized

Wed, Jan 6, 2016 11:26 AM on Latest, Featured, Stock Market,
Guheswori Merchant Banking And Finance Limited (GMFIL), National Hydropower Company Limited (NHPC), Barun Hydropower Company limited (BARUN) and ArunValley Hydropower Company limited (AHPC) have signed an agreement with CDS and Clearing Ltd (CDSC) on Poush 21 to dematerialize their share.Now the total number of companies in agreement with CDSC to dematerialize their respective shares has reached 139. Mr. Dev Prakash Gupta, CEO of CDSC and Dinesh Lal Shrestha, General Manager of GMFIL signed an agreement to dematerialize 2,5,53,993 units ordinary shares of GMFIL. Guheshwori Merchant1(1) Similarly, Mr. Prakhash Rajaure, Director of NHPC, Mr. Manoj Poudel, Manager of BARUN and Ramesh Prasad Neupane, Executive Director of AHPC have also signed an agreement with CDSC to dematerialize 1,38,51,862 units, 24,30000 units and 7705840 units shares respectively. Barun Hydropower(1) National Hydropower1(1)