Palpa Cement Industries shares registered with CDSC, when will they be traded?

Bajarko Chirfar
Bajarko Chirfar
2082 Chaitra 13
Palpa Cement Industries shares registered with CDSC, when will they be traded?

Palpa Cement Industries Limited has entered into an agreement with the Central Depository System and Clearing Limited (CDSC) for the dematerialization of its shares. The agreement on securities dematerialization was signed on Chaitra 12, 2082.

Once the shares are dematerialized, they will be credited to the respective investors’ demat accounts. Subsequently, the shares will be listed on the Nepal Stock Exchange (NEPSE) and will become eligible for trading starting the day after listing.

The company had issued 4.5 million shares to the general public from Falgun 12 to 15, 2082. The Nepal Securities Board had granted approval for the IPO on Poush 9, 2082.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


 

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