Nabil Investment Banking Ltd, Swastik Microfinance ink agreement

KATHMANDU: An agreement has been signed between Nabil Investment Banking Limited and Swastik Laghubitta Financial Institution Limited. An agreement has been reached regarding the public issue of 40 percent of the authorised capital of the company to the general public.

The agreement was signed by Dhirendra Lal Karna, the authorised chief executive officer of the company, and Manish Narayan Joshi, the authorised chief executive officer, on behalf of Nabil Investment Banking Limited.

In the agreement made today, Nabil Investment Banking Ltd has stated that the shares of Swastik Microfinance Institution are in the necessary preparations for issuance to the general public through public issues. It has been mentioned in the statement that permission for share issue will be sought from the regulatory bodies after the preparations are completed.