Akhunkhola Hydropower Company Limited has requested the shareholders to dematerialize the shares.
The company issued ordinary shares and founder shares to the residents of the project-affected area, Nepal Stock Exchange Ltd. And as the dematerialized transaction has already started after being listed and registered in CDS & Clearing Ltd., the share certificate work being done by the company has been stopped.
The company has requested the founding shareholders of the company who have not dematerialized their shares to go to the Civil Capital Market with their old certificate, get a new share certificate, contact their Depository Member (DP) and dematerialize through DRN.
Similarly, the company has requested the local shareholders affected by the project to dematerialize the shares through DRN by contacting the share registrar of the company, Civil Capital, taking the share certificate and contacting the depository members.
Ways to dematerialize share certificates
- Make sure you have a certificate of the shares you bought. If the share certificate is lost or not taken, go to the capital to ascertain through which capital the shares of the company were sold and get the certificate. If the certificate is lost then proceed to get the copy.
- If you have the bonus shares of each year provided by the company from the year in which you purchased the primary shares, you will get the certificate of all of them through the same capital.
- Once the primary shares and other certificates have been collected, go to the place where you opened the demat account and start the process for dematerialization of shares. The information obtained from there will be official for you.