3rd February 2025, Kathmandu
Guardian Micro Life Insurance has appointed NIMB Ace Capital Limited as its official share registrar. This decision aims to streamline share-related transactions, enhance record-keeping, and improve services for shareholders.
Guardian Micro Life Share Registrar
Responsibilities of NIMB Ace Capital
As the new share registrar, NIMB Ace Capital will manage key share-related activities, including:
Updating and maintaining shareholder records
Processing share transfers and ownership changes
Handling name changes and nominee updates
Managing share pledges, liens, and encumbrances
Issuing and canceling shares as needed
These responsibilities will ensure a smooth and transparent system for managing shareholder transactions, reducing delays and inefficiencies.
Benefits for Shareholders
With this appointment, Guardian Micro Life aims to improve investor convenience by providing faster and more structured services. Shareholders will now experience quicker share-related transactions, better documentation, and increased transparency in securities management.
The collaboration with NIMB Ace Capital ensures that all processes comply with financial regulations and best practices, reducing risks and enhancing investor confidence.
Why This Decision Matters
Guardian Micro Life selected NIMB Ace Capital to strengthen its securities management system. By delegating these responsibilities to a specialized financial services provider, the company ensures:
Better efficiency in managing securities transactions
A centralized platform for handling share-related matters
Improved compliance with regulatory requirements
This step will benefit existing and future investors, ensuring smooth operations and a hassle-free experience for all stakeholders.
About Guardian Micro Life Insurance
Guardian Micro Life Insurance is a leading micro-insurance provider in Nepal, committed to offering affordable financial protection to low-income communities. The company specializes in life insurance products that cater to underserved segments, helping individuals and families secure their future.
About NIMB Ace Capital
NIMB Ace Capital is a trusted financial services provider in Nepal, offering portfolio management, investment advisory, financial consulting, and share registrar services. The firm has an established reputation for managing securities operations efficiently for various companies.
Future Prospects
The partnership with NIMB Ace Capital marks a significant step for Guardian Micro Life in improving share management. With enhanced efficiency and better shareholder services, the company is well-positioned to provide a more reliable and investor-friendly experience.
This move reflects Guardian Micro Life’s commitment to transparency, compliance, and investor satisfaction, ensuring continued growth in Nepal’s financial market.
For more: Guardian Micro Life Share Registrar