General meeting of Muktinath Capital concluded

KATHMANDU: NOV. 9 – The general meeting of Muktinath Capital Limited has been concluded.

The meeting was held in Kamaladi Kathmandu under the chairmanship of Muktinath Capital Chairman Sitaram Kafle.

The General Assembly has unanimously passed the proposal to issue the right shares in the ratio of 1: 1. The company has stated that the capital of Capital will increase to Rs 400-50 crore after the issuance of rights shares.

Muktinath Capital Limited has been providing services related to issuance and sale management, share registration, investment management, depository member and guarantor after obtaining permission from Nepal Securities Board.

The company plans to launch services under Institutional Consultants from this fiscal year.