CDS and Clearing Limited Calls AGM To Endorse 100% Cash Dividend

CDS & Clearing Limited has called its 13th AGM on 26th Poush, 2080. The meeting will be held in the Second Floor, Share Markets Commercial Complex, Putalisadak, Kathmandu, starting from 11 AM that day.

These are the agendas of the AGM:

1) Endorsement of financial reports for the fiscal years 2079/80.
2) Endorse the auditor's report with PL statements, financial reports, and cash flow reports.
3) Endorse the appointment of the auditor for the fiscal years 2080/81.
4) To Endorse the 100% cash dividend from the profit of the company.

CDS and Clearing Limited, established under the company act, was promoted by Nepal Stock Exchange Limited (NEPSE) in 2010 to offer centralized depository, clearing, and settlement services in Nepal. The inauguration took place on March 31, 2011. The primary goal is to serve as a central depository, specifically handling securities in dematerialized form, encompassing various instruments such as Equity, Bonds, and Warrants. This entity is entrusted with safeguarding, depositing, and facilitating the withdrawal of securities certificates, along with managing the transfer of ownership/rights for these instruments. The company operates its depository functions in accordance with the securities regulations of the Securities Board of Nepal (SEBON). CDSC stands as a wholly owned subsidiary of Nepal Stock Exchange Ltd. (NEPSE), established on the 7th of Poush, 2067.

AGM Notice: