Sanima Bank Limited, as the promoter, and Sanima Capital Limited, as the fund manager and depository, have announced the impending maturity and delisting of the Sanima Equity Fund, a 7-year closed-end scheme under the Sanima Mutual Fund. The scheme comprises 130 million units, each with a face value of Rs. 10, and is scheduled to mature on 10th Poush 2081.
As per SEBON-approved prospectus provisions and the Mutual Fund Regulations, 2067, the scheme must undergo liquidation upon maturity. Regulations also require the submission of a delisting request to the securities market at least one month before maturity. Accordingly, a formal application has been filed to delist the fund, and trading of its units will cease after Poush 10, 2081.
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About: Sanima Bank Limited,
Sanima Bank Limited, established in 2004, is a prominent “A” class commercial bank in Nepal, licensed by Nepal Rastra Bank. Headquartered in Kathmandu, the bank operates over 100 branches nationwide, offering a wide range of corporate and retail banking services, including loans, deposits, and digital banking solutions. With an authorized capital of Rs. 15 billion, its ownership structure includes 51% promoters and 49% public shareholders. Sanima Bank is also the parent company of Sanima Capital Limited, which manages mutual funds and provides investment banking services.
