Mabilung Energy Limited has taken an important step toward modernizing its shares. The company, along with CDSC and Laxmi Sunrise Capital Limited, recently signed an agreement to dematerialize its securities.
The agreement, signed on 9th Ashoj 2082, will convert the company’s paper-based shares into digital form. This change makes trading shares safer and faster. Investors will no longer have to worry about losing physical certificates or delays in transactions.
Under the deal, Mabilung Energy Limited will issue the shares, CDSC will manage them in digital form, and Laxmi Sunrise Capital Limited will act as the registrar. This collaboration is seen as a step forward for Nepal’s capital market, making it more efficient and investor-friendly.
