Nabil Investment Banking appointed as share issuance and sale manager of Lumbini Ceramics

KATHMANDU:Lumbini Ceramics Limited has appointed Nabil Investment Bank Limited as its share issue and sale manager.
The company is going to issue primary shares to the general public after obtaining regulatory approval in accordance with the provisions of the existing Securities Registration and Issue Regulations and Securities Issue and Allotment Guidelines. Laminar Tiles are Nepal's first and only 100% vitrified tiles, produced by Lumbini Ceramics Limited.
Laminar Tiles began with the primary goal of achieving worldwide quality standards, offering different options, and bringing high-quality tiles to Nepalese consumers. The producing plant spans 12.5 bighas in Gulariya, Bardia.
The agreement was inked on Sunday by Shyam Sundar Khaitan, director of Lumbini Ceramics Limited, and Manish Narayan Joshi, CEO of Nabil Investment Banking Limited, according to the company.
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