April 19, 2021 | Investopaper
Ru Ru Jalabidhyut Pariyojana Limited has appointed NIBL Ace Capital Limited as the Registrar To Share (RTS). The company has appointed NIBL Ace Capital to keep records related to securities trading, registration of shares, transfer of name, and others.
The agreement was signed on April 18, 2021 between Mr. Ashish Subedi (Chairman, Ru Ru Jalbidhyut Pariyojana Limited), Mr.Mekh Bahadur Thapa (Deputy Chief Executive Officer, NIBL Ace Capital Ltd.) and Mr. Sachindra Dhungana (Assistant General Manager, NIBL Ace Capital Ltd.).
NIBL Ace Capital Limited, a subsidiary company of Nepal Investment Bank Limited, 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), Depository Participant (DP), and Portfolio Management Services.
As on date, NIBL Ace Capital Limited is the share registrar of 47 companies including Ru Ru Jalbidhyut Pariyojana Limited.