Gurkhas Finance Limited distributing new share certificates to Gurkha Development Bank shareholders from Falgun 22

Gurkhas Finance Limited is going to distribute shareholders of the previous Gurkha Development Bank with new share certificates of Gurkhas Finance Limited. The share certificates can be collected from the finance company’s share registrar, NIBL Capital Markets Limited, Lazimpat, Kathmandu from Falgun 22, 2073. Shareholders are urged to collect the certificates from 9:30 AM – 3:00 PM from Sunday to Thursday and 9:30AM-12:30AM on Fridays. Shareholders having shares of Gurkha Development Bank should bring their original share certificates of the development bank. Letter of authorization along with the copy of their citizenship certificate is needed if the shareholders cannot collect the certificates on their own. Gurkhas Finance has earned Rs 10.70 crore in the second quarter of the FY 2073/74. It is going to issue 50% right share. After the capitalization of the right shares, its paid up capital will reach Rs 86.20 crore. Gurkha Development Bank and Kathmandu Finance Limited had started joint operation after merger from Chaitra 28, 2072 as “Gurkhas Finance Limited”, a class “C” national level finance company.