Sarbottam Paints Industries Limited has signed an agreement with CDS and Clearing Limited to credit its IPO shares into investors’ demat accounts.
The shares issued by Sarbottam Paints Industries Limited are finally going to be credited in demat accounts. To make this happen, the company and CDS and Clearing Limited has signed an agreement for securities dematerialization on Ashar 29.
Once this dematerialization process is complete, these shares will directly arrive in demat account of the investors. After that, the shares will get listed on Nepal Stock Exchange (NEPSE). Investors can start to buy and sell the shares from the next day of the listing.
IPO Details and Allotment
Sarbottam Paints Industries had issued a total of 7 lakh 5 thousand 5 hundred kitta shares to the general public from Jeth 28 to Ashar 2. The allotment of these issued shares was already completed on Ashar 11.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
