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Kalinchowk Darshan Limited (KDL) has appointed Nepal SBI Merchant Banking Limited as the manager for the upcoming issuance and sale of rights shares.
The firm plans to issue 6 million rights shares at a nominal value of Rs. 100 each in a 1:1 ratio for current shareholders.
The contract was finalized at Kalinchowk Darshan Limited’s registered office located in Pingalasthan, Kathmandu, by the Managing Director & CEO of Nepal SBI Merchant Banking, Lekhnath Pokhrel, alongside the CEO of Kalinchowk Darshan Limited, Bal Krishna Shiwakoti.
Kalinchowk Darshan Limited provides a cable car service in Kuri, Dolakha. Nepal SBI Merchant Banking Limited operates as a fully owned subsidiary of Nepal SBI Bank Limited.
