Kalinchowk Darshan Appoints Nepal SBI Merchant for Rights Share Issuance
Mon, Feb 24, 2025 12:34 PM on Latest, Dividend, Bonus & Rights, Corporate,
Kalinchowk Darshan Limited has appointed Nepal SBI Merchant Banking Limited as the issue and sales manager for its upcoming rights share issuance.
The company is set to issue 60 lakh rights shares at a face value of Rs. 100 per share in a 1:1 ratio for existing shareholders.
The agreement was signed at Kalinchowk Darshan Limited's registered office in Pingalasthan, Kathmandu, by Managing Director & CEO of Nepal SBI Merchant Banking, Lekhnath Pokhrel, and CEO of Kalinchowk Darshan Limited, Bal Krishna Shiwakoti.
Kalinchowk Darshan Limited operates a cable car service in Kuri, Dolakha. Nepal SBI Merchant Banking Limited is a wholly owned subsidiary of Nepal SBI Bank Limited.
