In compliance with Nepal Rastra Bank’s directives and the provisions laid out in the Act on Banks and Financial Institutions, the Board of Directors of Guheswori Merchant Banking & Finance Limited (GMFIL) convened on 5th Ashadh 2081 has made a significant decision.

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