Nepal, March 25 -- The Securities Board of Nepal (SEBON) has granted Machhapuchhre Capital Limited permission for de-listing and sales management as well as share registration.

With this approval, Machhapuchhre Capital Limited can now manage the issuance, sale, and distribution of primary public offerings (IPOs), right shares, debentures and other securities. The company will also provide services such as managing shareholder details, dividend distribution, and ownership transfer as a share registrar.

Machhapuchhre Capital Limited, a subsidiary of Machhapuchhre Bank Limited, operates as a public limited company in the securities business (merchant banking). It provides services through the Securities Board of Nepal, including securities...