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Guheswori Merchant Banking & Finance Approves Rs. 26 Crore Debenture Issuance

In compliance with directives from Nepal Rastra Bank and the Act on Banks and Financial Institutions, the Board of Directors of Guheswori Merchant Banking & Finance Limited (GMFIL) made a significant decision during their meeting on 5th Ashadh 2081.

The board approved the issuance of debentures worth Rs. 26 crores. Each debenture will be priced at Rs. 1,000, with a total of 2,60,000 units to be issued. These debentures will have a maturity period of 8 years and carry a 9% interest rate, payable semi-annually. The issuance is subject to regulatory approvals from Nepal Rastra Bank and other necessary provisions.

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