Siddhartha Equity Fund 2 (SEF2), a mutual fund scheme, has officially been listed on the Nepal Stock Exchange (NEPSE).
Siddhartha Equity Fund 2 Joins NEPSE
The mutual fund scheme ‘Siddhartha Equity Fund 2’ (SEF2) is now listed on the Nepal Stock Exchange (NEPSE). A listing agreement were finalized between NEPSE and Siddhartha Capital Limited, the scheme manager, on Tuesday. A total of 12.50 crore units of this security, each valued at a face and paid-up price of Rs. 10, has been listed on the exchange.
Prior to its listing, Siddhartha Capital had offered these 12.50 crore units to the general public. Following the successful distribution of these units, the listing on NEPSE was approved on Saun 15, in accordance with the Securities Listing By-laws, 2075.
Secondary Market Trading to Commence Soon
According to information from NEPSE, secondary market trading for Siddhartha Equity Fund 2 (SEF2) will kick off from Saun 20. After the listing process, Siddhartha Capital Limited will provide necessary RTS (Registrar to Share Service) services for the fund.
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.
