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Jyoti Capital appointed as guarantor of shares of People’s Energy

Artha Sarokar

Kathmandu. Jyoti Capital Limited is issuing 66 lakh units of ordinary shares to the general public at the face value of Rs 100 per share.

On Monday, People’s Energy Company and People’s Energy Company signed an agreement to guarantee their shares.

Mr. Janardan Aryal, General Manager of Peoples Energy Limited and Mr. Bikash Dhakal, CEO of Jyoti Capital signed the agreement amidst a program organized at Jyoti Capital Office, Kamalpokhari, Kathmandu.

Jyoti Capital, a subsidiary of Jyoti Bikas Bank, has a paid-up capital of Rs 21 crore. Jyoti Capital, aspiring to be a partner in the prosperity of every clientele, has been providing Securities Issue & Issue Manager, Investment Management, Corporate Consulting, Securities Underwriting and Share Registrar by getting permission from Securities Board of Nepal (SEBON) to function as Merchant Banker.

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