Hotel Forest Inn Limited Appoints NIC Asia Capital as Share Registrar

Hotel Forest Inn Limited (Holiday Inn Resort, Budhanilkantha) has appointed NIC Asia Capital Limited as its official share registrar.

According to the company, an agreement has been signed between both parties regarding the appointment. Under this agreement, NIC Asia Capital will provide comprehensive registrar services for the company’s founder shares as well as ordinary shares issued to the general public.

The services include registering shares with CDS and Clearing Limited, listing them on Nepal Stock Exchange Limited, depositing allotted shares into investors’ demat accounts, maintaining transaction records, handling transfers, and updating shareholder records.

The company informed that these services will be operated from Trade Tower Nepal, Thapathali, starting from Falgun 10, 2082 (Sunday).

With the appointment of a professional share registrar, the company expects its share management system to become more organized, transparent, and efficient. This move is also expected to enhance investor convenience and strengthen the company’s credibility in the capital market.