Global IME Ltd. Debenture Delisting: Implications and Refund Process


In a significant development, 1,500,000 units of the “10.25% Global IME Ltd. Debenture 2080/81” have been removed from trading on the Nepal Stock Exchange (NEPSE). This move holds implications for investors and marks the culmination of the debenture’s tenure.

The “10.25% Global IME Ltd. Debenture 2080/81” reached its maturity date in Chaitra, 2080, offering a lucrative 10.25% annual return to unitholders throughout its term. With its delisting, Global IME Ltd. is now set to initiate the process of refunding the seed fund and distributing the accrued interest to its unitholders. This step signifies the completion of the debenture’s cycle and highlights the company’s commitment to its investors.

For unitholders seeking detailed information on the refund process and interest distribution, Global IME Bank Limited stands ready to assist. Unitholders are encouraged to reach out to or visit the nearest branches of Global IME Bank Limited, conveniently located in Kamaladi, Kathmandu, Nepal.

 

Popular Tags:
Debenture investment Nepal, Profit, Economy, Buffett, Global IME Ltd. Debenture
Highlights:

Leave a Reply

Your email address will not be published. Required fields are marked *

More Interesting Read

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 1
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

Read More
Nepali Banks' Interest Rate Review: Baisakh 2081 Update 3
Business | Market | Economy

Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to […]

Read More
Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme 5
Business | Market | Economy

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme

As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn […]

Read More
Powered by Namaste Webmedia