Sopan Pharmaceuticals Limited has signed an agreement with CDS and Clearing Limited to demat its shares, making it ready for trading in stock market soon.
The agreement for dematerialization of securities was signed between the company and CDSC on Jestha 8. After this process, the shares will directly credited to demat accounts of the investors. Following the demat process, the shares will list on Nepal Stock Exchange (NEPSE) and investors can buy or sell them from the very next day of listing.
Earlier, the company had issued 34 lakh 74 thousand 9 hundred units of IPO shares for the general public from Baisakh 3 to Baisakh 8. The allotment of these shares was already completed on Baisakh 17. Securities Board of Nepal had given permission to company for issuing the IPO on Phagun 17.
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