Mahalaxmi Bikas Bank appoints Siddhartha Capital as share registrar

Mahalaxmi Bikas Bank Limited has appointed Siddhartha Capital Limited as its share registrar from Bhadra 31, 2073. Ramesh Kumar Bhattarai, Chief Executive Officer of Mahalaxmi Bikas Bank and Dhruba Timilsina, Chief Executive Officer of Siddhartha Capital Limited had signed on the agreement on Bhadra 23, 2073. From now onwards Siddhartha Capital will carry out all the share related services of the development bank. Mahalaxmi Finance Limited, Siddhartha Finance Limited and Malika Bikas Bank Limited has merged together forming Mahalaxmi Bikas Bank Limited from Bhadra 19, 2073. At present, Mahalaxmi Bikas Bank has paid up capital of Rs 1.15 arba.