Friday, July 2, 2021

Devyani to invest in NIBL Sahabhagita Fund

 Kathmandu, July 1

Devyani International Nepal Limited has decided to invest in the NIBL Mutual Fund under corporate payroll Systematic Investment Plan (SIP).

Devyani International is a franchise company of KFC, Pizza Hut & Cream Bell Ice Cream in Nepal.

NIBL Ace Capital Limited, as a Fund Manager and Depository of NIBL Mutual Fund, signed Memorandum of Understanding (MoU) with Devyani for Systematic Investment Plan (SIP) of NIBL Sahabhagita Fund under Corporate Payroll SIP.

Under this Plan, the employees of Devyani shall invest certain portion of their salary on monthly basis in the NIBL Sahabhagita Fund through SIP, the companies said in a statement on Thursday.

Ritu Raj Shah, Deputy General Manager of Devyani International and Sachindra Dhungana, Assistant General Managerof NIBL Ace Capital, signed the MoU on Tuesday.

Published in The Rising Nepal daily on 2 July 2021. 

No comments:

Post a Comment

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...