Himalayan Life Insurance Appoints Prabhu Capital As Registrar To Share (RTS)
June 1, 2023 | Investopaper
Himalayan Life Insurance Limited has appointed Prabhu Capital Limited as the Registrar To Share (RTS). For this purpose, an agreement has been reached between the two companies.
As per the agreement, the hydropower company will hand over all the share-related works (RTS) such as share issue, registration of shares, transfer of name, and others to Prabhu Capital Limited.
Prabhu Capital Limited is the subsidiary company of Prabhu Bank Limited. It is a licensed merchant banker from the Securities Board of Nepal. It provides various services such as Issue Management, Security Underwriting, Registrar to the Shares (RTS), Depositary Participant, and Portfolio Management Services.
Himalayan Life Insurance was formed after the successful merger of Union Life Insurance, Prime Life Insurance and Gurans Life Insurance.
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