Mero Microfinance signs agreement with CDSC for share dematerialization; Shares to be listed within 15 days

Mero Microfinance Bittiya Sanstha Limited and CDS and Clearing Limited has made an agreement to register 20 lakh units shares on Ashad 5, 2073.Mero Microfinance had floated 6.12 lakh units shares for the general public. Altogether 6, 12, 000 units public share and 13, 88,000 units promoter shares have been registered for dematerialization which will be listed in Nepal Stock Exchange Limited (Nepse). According to Ram Hari Dahal, CEO of Mero Microfinance, ‘The shares will be listed within 15 days on Nepal Stock Exchange and it will be tradable. The shares will directly transferred to the Demat account of respective shareholders. After the agreement, CDSC has provided International Securities Identification Number (ISIN) NPE280A00005 for public shares and NPE280A40001 for promoter share. The company has urged shareholders to open demat account in the nearby Depository Participant (DP) and dematerialize their shares for trading.