Nepal Life
Insurance Company (Nepse-NLIC) has become the 16th listed company to
dematerialise its stocks at the CDS and Clearing Ltd today.
CDSC
executive office Subodh Sharma Sigdel and Nepal Life Insurance chief executive
Bibek Jha today signed an agreement to dematerialise the life insurance
company's per unit Rs 100 paid up capital worth 63,75,000 units of stock,
according to the CDSC that has already dematerialised 15 Nepse-listed
comnpanies' stocks.
Nepal Life
Insurance had applied to the CDSC on November 1 to demat its stocks for the
easier trading and transfer of the stocks through the CDSC.
The life insurance company
has also been provided International Securities Indentification Number (ISIN).
Nepal Life Insurance got NPE209A00004 as its ISIN.
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