Kriti Capital & Investment grants license to work as DP; Investors must open Demat account

ShareSansar, August 3:

The CDS and Clearing Ltd. (CDSC) a subsidiary of Nepal Stock Exchange (NEPSE) started the process of dematerializing share documents in preparation of full-fledged Central Depository System (CDS), an online based share trading.

Kriti Capital & Investments Limited has been granted the license to work as a depository participant (DP) by CDSC.

Kriti Capital is a public limited company established by a group of professionals who have realized the need and understood the benefits of institutionalizing investment banking services in Nepal. Established with the motto of ‘creating growth opportunities', Kriti Capital and Investments Limited aims to be an efficient and effective medium for capital mobilization to earn superior return on capital invested. Kriti Capital aspires to do so, by promoting entrepreneurial and innovative initiatives by making necessary capital available to committed and dynamic entrepreneurs.

The investment company aims to provide following services to its valued customers and investors.

Kriti Capital extends wide and seasoned experience of its professional management team, both in the local capital market as well as the international capital market, for the benefit of its clients.

Nepal Stock Exchange has urged the shareholders of listed companies to transform its physical shares into the full-fledged operation of dematerialized shares.

To open the Demat account customers have to visit the head office of Kriti Capital which is located at Madhuri Sadan, Ravibhawan, Kathmandu.