Final Prospectus bijeta 1 - Kalika Group
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1 sDkgL P]g, @)^# cGtu{t :yflkt -z]o/df l;ldt bfloTj ePsf] _ sf] ljj/0f–kq -sDkgL P]g, @)^# sf] bkmf @# sf] pkbkmf -!_/ lwtf]kq ;DjGwL P]g, @)^# sf] bkmf #) sf] pkbkmf -!_ cGtu{t k|sflzt_ o; sDkgLsf] hf/L k"FhL ?= ^) s/f]8sf] @) k|ltztn] x'g] ?= !@ s/f]8 /sd a/fa/ k|lt z]o/ ?= !))÷— clÍt b/sf !@,)),))) lsQf ;fwf/0f z]o/ dWo] @$,))) lsQf -@ k|ltzt_ z]o/ sDkgLdf sfo{/t sd{rf/Lx?nfO{ tyf ^),))) lsQf -% k|ltzt_ z]o/ ;fd'lxs nufgL sf]ifnfO{ afF8kmfF6 eO{ afFsL !!,!^,))) lsQf ;fwf/0f z]o/x?sf] ;fj{hlgs lgisf;g . b/vf:t;fy k|lt ;fwf/0f z]o/ ?= !))÷— c+lst d'Nosf] ztk|ltzt e'QmfgL dfu ul/Psf] . g]6jy{ ;DalGw ljj/0fM ljj/0f jf:tljs ckl/is[t k|If]lkt cf= j= @)&!÷&@ cf= j= @)&@÷&# cf= j= @)&#÷&$ cf= j= @)&$÷@)&% cf=j= @)&$÷&% cf=j= @)&%÷&^ cf=j= @)&^÷&& ;+lrt gfkmf/-gf]S;fg_ ?=xhf/df -!),&#@_ -!^,(*&_ -!&,$%#_ -^,@$@_ !&,@)# @$,^@( !),*)& k|lt z]o/ cfDbfgL -5=66_ -1=59_ -4=16_ 0=50 7=92 9=93 11=51 k|lt z]o/ g]6jy{ -?=_ 89=27 95=69 95=84 96=87 100=77 101=14 103=08 k|lt d]ufjf6 tyf s"n nfut ;DaGwL ljj/0f ;+ul7t ;+:yfsf] cfly{s jif{ @)&#/ &$ n]vf kl/If0f ePsf] ljQLo ljj/0f cg';f/ k|lt d]ufjf6 nfut @#!,)$),!@&=%) /cfof]hgfsf] s"n nfut !,#*^,@$),&^% /x]sf] 5 . ljB't pTkfbg cg'dlt kq afFsL cjlw ;DjGwL ljj/0f kq jxfn /xg] cjlw ldlt @)^(/)@/!^ b]lv @!)$/)@/!% ;Dd /x]sf]n] @(jif{ afFsL /x]sf] 5 . ;fwf/0f nufgL lkmtf{ x'g] cjlw -Normal Pay Back Period) ;DjGwL ljj/0f ;fwf/0f nufgL lkmtf{ x'g] cjlw-Normal Pay Back Period) (=%$ jif{ / l8:sfp06df nufgL lkmtf{ x'g] cjlw - Discounted Pay Back Period) !$=&$ jif{ /x]sf] 5 . nufgLdf x'g] hf]lvd ;DaGwL pb\3f]if0f M lwtf]kqdf ul/g] nufgLdf hf]lvd x'g] ePsf]n] To:tf] hf]lvdsf] d"Nof+sg ug]{ k|d'v bfloTj nufgLstf{ :jo+sf] x'g]5 / lwtf]kqsf] lgisf;g d"Non] ;"rLs/0f kZrft lwtf]kq ahf/df x'g] sf/f]af/ d"No ghgfpg] x'Fbf o; ljj/0fkqsf] bkmf * df pNn]lvt hf]lvdx? ;d]tsf] cWoog u/]/dfq nufgL ;DalGw lg0f{o lng ;'emfj ul/G5 . lgodg lgsfosf] hjfkmb]lxtf g/xg] pb\3f]if0f M o; ljj/0fkqdf plNnlvt lwtf]kq ;fj{hlgs lgisf;gsf nflu tof/ ul/Psf] o; ljj/0fkqnfO{ ælwtf]kq ;DaGwL P]g, @)^#Æ adf]lhd g]kfn lwtf]kq af]8{n] :jLs[lt k|bfg u/]sf] 5 . o;/L af]8{n] :jLs[lt k|bfg u/]sf] sf/0faf6 s;}n] klg g]kfn lwtf]kq af]8{, sDkgL /lhi6«f/sf] sfof{no jf ;Dj4 cGo lgodg lgsfon] ljj/0fkqdf pNn]lvt s'/fsf] ;Totf jf lgisf;gstf{ jf kl/of]hgfsf] cfly{s ;Ifdtf jf lwtf]kqsf] d"Nosf] jf/]df s'g} k|sf/sf] k|Tofe"lt u/]sf] jf lhDd]jf/L lnPsf] dflgg] 5}g . cfof]hgf k|efljt If]q -pBf]u k|efljt If]q_uf]/vf lhNnfsf] tTsfnLg d'Rrf]s uf=lj=;=,;f}/kfgL uf=lj=;=,tfs'dfem nfs'/Laf]6 uf=lj=;=,d;]n uf=lj=;=,>Lgfysf]6 uf=lj=;=,tfKn] uf=lj=;=,gf/]Zj/ uf=lj=;= / uf]/vf gu/kfnLsf j8f g+ $,% tyf !# -cflh/sf]6 ufFpmkfnLsf j8f g+=%,;'nLsf]6 ufFpmkfnLsf j8f g+=$,% tyf ^, led;]g ufFpmkfnLsf j8f g+=!, ;L/fgrf]s ufFpmkfnLsf j8f g+=& / uf]/vf gu/kfnLsf j8f g+= @,#,$,%,^ tyf &_ sf afl;Gbfx?nfO{ hf/L u/]sf] z]o/ vl/b u/L sfod ePsf z]o/wgLn] o; ljj/0f kq dfkm{t ;j{;fwf/0fx?nfO{ hf/L ul/g] ;fwf/0f z]o/ v/Lb ug{sf] nflu cfj]bg lbg kfpg] 5}g . ;fy} ;+:yfks tyf ;~rfnx? tyf ;+:yfks z]o/wgLx?sf Psf3/sf] ;b:on] ;d]to; ;fj{hlgs lgisf;gdf cfj]bg lbg kfpg] 5}g . qm]l86 /]l6Ë ;DalGw ljj/0f M o; ;fj{hlgs lgisf;gnfO{ Oqmf g]kfn lnld6]8n] ldlt @)&$÷)^÷)$ ut] cf};t eGbf tn cfwf/x? -Below‐average fundamentals) hgfpg] æ[ICRANP]IPO Grade 4Æ u|]8 k|bfg u/]sf] 5 . qm]l86 /]l6Ë u|]8 k|bfg u/]sf] ldlt M @)&$÷)^÷)$qm]l86 /]l6Ë u|]8sf] jxfn /xg] ldlt M @)&%/)^/)# g]kfn lwtf]kq jf]8{jf6 ljj/0f–kq l:js[tL ePsf] ldlt M @)&%÷)%÷)# sDkgL /lhi6«f/sf] sfof{nodf ljj/0f–kq btf{ ePsf] ldlt M @)&%÷)%÷!# z]o/ lgisf;g v'Nnf x'g] ldlt M @)&%÷)%÷@* z]o/ lgisf;g aGb x'g] -l56f]df_ ldlt M @)&%÷)^÷)! z]o/ lgisf;g aGb x'g] -l9nf]df_ ldlt M @)&%÷)^÷@*
Transcript of Final Prospectus bijeta 1 - Kalika Group
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sDkgL P]g, @)^# cGtu{t :yflkt -z]o/df l;ldt bfloTj ePsf]_
sf]
ljj/0f–kq -sDkgL P]g, @)^# sf] bkmf @# sf] pkbkmf -!_/ lwtf]kq ;DjGwL P]g, @)^# sf] bkmf #) sf] pkbkmf -!_ cGtu{t k|sflzt_
o; sDkgLsf] hf/L k"FhL ?= ^) s/f]8sf] @) k|ltztn] x'g] ?= !@ s/f]8 /sd a/fa/ k|lt z]o/ ?= !))÷— clÍt b/sf !@,)),))) lsQf ;fwf/0f z]o/ dWo] @$,))) lsQf -@ k|ltzt_ z]o/ sDkgLdf sfo{/t sd{rf/Lx?nfO{ tyf ^),))) lsQf -% k|ltzt_ z]o/ ;fd'lxs nufgL sf]ifnfO{ afF8kmfF6 eO{ afFsL !!,!^,))) lsQf ;fwf/0f z]o/x?sf] ;fj{hlgs lgisf;g .
b/vf:t;fy k|lt ;fwf/0f z]o/ ?= !))÷— c+lst d'Nosf] ztk|ltzt e'QmfgL dfu ul/Psf] . g]6jy{ ;DalGw ljj/0fM
ljj/0f
jf:tljs ckl/is[t k|If]lkt
cf= j= @)&!÷&@
cf= j= @)&@÷&#
cf= j= @)&#÷&$
cf= j= @)&$÷@)&%
cf=j= @)&$÷&%
cf=j= @)&%÷&^
cf=j= @)&^÷&&
;+lrt gfkmf/-gf]S;fg_ ?=xhf/df -!),&#@_ -!^,(*&_ -!&,$%#_ -^,@$@_ !&,@)# @$,^@( !),*)&
k|lt z]o/ cfDbfgL -5=66_ -1=59_ -4=16_ 0=50 7=92 9=93 11=51
k|lt z]o/ g]6jy{ -?=_ 89=27 95=69 95=84 96=87 100=77 101=14 103=08
k|lt d]ufjf6 tyf s"n nfut ;DaGwL ljj/0f ;+ul7t ;+:yfsf] cfly{s jif{ @)&#/&$ n]vf kl/If0f ePsf] ljQLo ljj/0f cg';f/ k|lt d]ufjf6 nfut @#!,)$),!@&=%)
/cfof]hgfsf] s"n nfut !,#*^,@$),&^% /x]sf] 5 . ljB't pTkfbg cg'dlt kq afFsL cjlw ;DjGwL ljj/0f
kq jxfn /xg] cjlw ldlt @)^(/)@/!^ b]lv @!)$/)@/!% ;Dd /x]sf]n] @(jif{ afFsL /x]sf] 5 . ;fwf/0f nufgL lkmtf{ x'g] cjlw -Normal Pay Back Period) ;DjGwL ljj/0f
;fwf/0f nufgL lkmtf{ x'g] cjlw-Normal Pay Back Period)(=%$ jif{ / l8:sfp06df nufgL lkmtf{ x'g] cjlw -Discounted Pay Back Period)!$=&$ jif{ /x]sf] 5 . nufgLdf x'g] hf]lvd ;DaGwL pb\3f]if0f M
lwtf]kqdf ul/g] nufgLdf hf]lvd x'g] ePsf]n] To:tf] hf]lvdsf] d"Nof+sg ug]{ k|d'v bfloTj nufgLstf{ :jo+sf] x'g]5 / lwtf]kqsf] lgisf;g d"Non] ;"rLs/0f kZrft lwtf]kq ahf/df x'g] sf/f]af/ d"No ghgfpg] x'Fbf o; ljj/0fkqsf] bkmf * df pNn]lvt hf]lvdx? ;d]tsf] cWoog u/]/dfq nufgL ;DalGw lg0f{o lng ;'emfj ul/G5 .
lgodg lgsfosf] hjfkmb]lxtf g/xg] pb\3f]if0f M o; ljj/0fkqdf plNnlvt lwtf]kq ;fj{hlgs lgisf;gsf nflu tof/ ul/Psf] o; ljj/0fkqnfO{ ælwtf]kq ;DaGwL P]g, @)^#Æ adf]lhd g]kfn lwtf]kq af]8{n] :jLs[lt k|bfg u/]sf] 5 . o;/L af]8{n] :jLs[lt k|bfg u/]sf] sf/0faf6 s;}n] klg g]kfn lwtf]kq af]8{, sDkgL /lhi6«f/sf] sfof{no jf ;Dj4 cGo lgodg lgsfon] ljj/0fkqdf pNn]lvt s'/fsf] ;Totf jf lgisf;gstf{ jf kl/of]hgfsf] cfly{s ;Ifdtf jf lwtf]kqsf] d"Nosf] jf/]df s'g} k|sf/sf] k|Tofe"lt u/]sf] jf lhDd]jf/L lnPsf] dflgg] 5}g .
cfof]hgf k|efljt If]q -pBf]u k|efljt If]q_uf]/vf lhNnfsf] tTsfnLg d'Rrf]s uf=lj=;=,;f}/kfgL uf=lj=;=,tfs'dfem nfs'/Laf]6 uf=lj=;=,d;]n uf=lj=;=,>Lgfysf]6 uf=lj=;=,tfKn] uf=lj=;=,gf/]Zj/ uf=lj=;= / uf]/vf gu/kfnLsf j8f g++ $,% tyf !# -cflh/sf]6 ufFpmkfnLsf j8f g+=%,;'nLsf]6 ufFpmkfnLsf j8f g+=$,% tyf ^, led;]g ufFpmkfnLsf j8f g+=!, ;L/fgrf]s ufFpmkfnLsf j8f g+=& / uf]/vf gu/kfnLsf j8f g+= @,#,$,%,^ tyf &_ sf afl;Gbfx?nfO{ hf/L u/]sf] z]o/ vl/b u/L sfod ePsf z]o/wgLn] o; ljj/0f kq dfkm{t ;j{;fwf/0fx?nfO{ hf/L ul/g] ;fwf/0f z]o/ v/Lb ug{sf] nflu cfj]bg lbg kfpg] 5}g . ;fy} ;+:yfks tyf ;~rfnx? tyf ;+:yfks z]o/wgLx?sf Psf3/sf] ;b:on] ;d]to; ;fj{hlgs lgisf;gdf cfj]bg lbg kfpg] 5}g .
qm]l86 /]l6Ë ;DalGw ljj/0f M o; ;fj{hlgs lgisf;gnfO{ Oqmf g]kfn lnld6]8n] ldlt @)&$÷)^÷)$ ut] cf};t eGbf tn cfwf/x? -Below‐average fundamentals)
hgfpg] æ[ICRANP]IPO Grade 4Æ u|]8 k|bfg u/]sf] 5 . qm]l86 /]l6Ë u|]8 k|bfg u/]sf] ldlt M @)&$÷)^÷)$qm]l86 /]l6Ë u|]8sf] jxfn /xg] ldlt M @)&%/)^/)#
g]kfn lwtf]kq jf]8{jf6 ljj/0f–kq l:js[tL ePsf] ldlt M @)&%÷)%÷)# sDkgL /lhi6«f/sf] sfof{nodf ljj/0f–kq btf{ ePsf] ldlt M @)&%÷)%÷!#
z]o/ lgisf;g v'Nnf x'g] ldlt M @)&%÷)%÷@* z]o/ lgisf;g aGb x'g] -l56f]df_ ldlt M @)&%÷)^÷)! z]o/ lgisf;g aGb x'g] -l9nf]df_ ldlt M @)&%÷)^÷@*
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!= ljj/0fkqdf k|of]u ePsf k|fljlws tyf cGo zAbfjnLsf] kl/efiffM
s_ æljj/0fkqÆ eGgfn] sDkgL P]g, @)^# sf] bkmf @# adf]lhd / lwtf]kq ;DaGwL P]g, @)^# sf] bkmf #) adf]lhd k|sflztljj/0fx? ePsf] k'l:tsfnfO{ ;Demg' kb{5 .
v_ ælwtf]kq lgisf;g tyf laqmL k|aGwsÆ eGgfn] sf7df08f} Soflk6n dfs]{6 lnld6]8, sdnfbL, sf7df08f}+nfO{ ;Demg' kb{5 .
u_ æ;x—lgisf;g tyf lalqm k|aGwsæ eGgfn] Unf]an cfOPdO{ SofkL6n lnld6]8,hdn, sf7df08f+}nfO{ ;Demg' kb{5.
3_ æ;+ul7t ;+:yfÆ eGgfn] lgisfzgstf{ sDkgL sfnLsf kfj/ sDkgLlnld6]8,e/tk'/ d=kf= j8f g+= !),e/tk'/, lrtjgnfO{;Demg' kb{5 .
ª_ æ;+sng s]Gb|Æ eGgfn] ;fj{hlgs lgisf;gsf nflu tof/ ul/Psf] ljj/0fkq / b/vf:t kmf/d k|fKt ug{ ;lsg] tyf b/vf:t kmf/d ;fy /sd a'emfpg ;lsg] u/L tf]lsPsf ;+:yfx?nfO{ ;Demg' kb{5 .
r_ ælgisf;g a}+sÆ eGgfn] lgisf;g tyf laqmL k|aGws;Fu ;Demf}tf u/L lwtf]kq lgisf;gsf] qmddf cfj]bsaf6 k|fKt x'g] /sd hDdf ug{ lhDd]jf/L lng] afl0fHo a}+snfO{ ;Demg' kb{5 .
5_ ælgodg lgsfoÆ eGgfn] g]kfn lwtf]kq af]8{,sDkgL /lhi6«f/sf] sfof{no tyf g]kfn ljB't k|flws/0f tyf ljB't ljsf; ljefunfO{ ;Demg' kb{5 .
h_ æ;+:yfks, ;+rfns, sfo{sf/L k|d'v tyf Aoj:yfkgæ eGgfn] sfnLsf kfj/ sDkgLlnld6]8sf] ;+:yfks, ;+rfns, sfo{sf/L k|d'v tyf Aoa:yfkgnfO{ ;Demg' kb{5 .
em_ æaf]8{Æ eGgfn] g]kfn lwtf]kq af]8{nfO{ ;Demg' kb{5 .
@ ljj/0fkq tyf b/vf:t k|fKt ug]{ / a'emfpg] :yfg M
ljj/0fkq x]g{ tyf k|fKt ug{ ;lsg] :yfg M
l;= g+ sDkgLsf] gfd, 7]ufgf
! sf7df8f}+ Soflk6n dfs]{6 ln= sdnfbL,sf7df8f}+ Knfhf,jfO Ans,bf];|f] tNnf,sf7df08f}+
@ Unf]an cfOPdO{ SofkL6n ln=,hdn,/fli6«o gfr3/, t];|f] tNnf,sf7df08f} ;fy} lgisf;g tyf ljlqm k|aGws >L sf7df8f}+ Soflk6n dfs]{6 ln= tyf ;x–lgisf;g tyf ljlqm k|aGws >L Unf]an cfOPdO{ SofkL6n ln= sf] j]e;fO{6x? qmdzM www.kcml.com.np tyf www.globalimecapital.com tyf lgisf;gstf{ sDkgL sfnLsf kfj/ sDkgL lnld6]8sf] j]e;fO{6 www.kalikagroup.com jf g]kfn lwtf]kq af]8{sf] j]e;fO{6 www.sebon.gov.np af6 ;d]t ljj/0fkq x]g{ ;Sg' x'g]5 .
b/vf:t kmf/d k|fKt ug]{ / a'emfpg] :yfg M
l;= g+ b/vf:t kmf/d k|fKt ug]{ / a'emfpg] :yfg
! g]kfn lwtf]kq af]8{af6 cg'dlt lnO{ cf:jf (ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx?af6 ;Lcf:jf (CASBA) k|0ffnL dfkm{t cfj]bg lbg ;lsg]5 .
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! lwtf]kq lgisf;g tyf laqmL k|aGwssf] pb\3f]if0fM
xfdLnfO{ lgisfzgstf{ ;+ul7t ;+:yf tyf o;sf ;+:yfks÷;+rfnsx?n] pknAw u/fPsf] ljj/0f tyf hfgsf/Lx?sf] cfwf/df o; ;+:yfsf] Joj:yfksLo, k|fljlws / cfly{s kIfsf] ljZn]if0ffTds cWoogaf6 xfdL ;Gt'i6 x'g'sf] ;fy} ljj/0fkqdf n]lvPsf cfly{s ljj/0fx? / cGo hfgsf/L tYout, k"0f{ / ;xL b]lvPsf]n] nufgLstf{x?nfO{ nufgL ;DaGwL lg0f{o lng d2t k'Ug] s'/fk|lt ljZj:t eO{ xfdLn] of] ljj/0fkq l:js[tLsf nflu g]kfn lwtf]kq af]8{df lwtf]kq ;DjlGw P]g, @)^# / lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# cg'?ksf] of]Uotf k'u]sf] k|lta4tfkq (Due Diligence Certificate) k|:t't u/]sf 5f}+ .
@ ;+ul7t ;+:yfsf] pb\3f]if0fM
-s_ ;+rfnssf] lhDd]jf/L tyf hjfkmb]xLtf ;DaGwL pb\3f]if0f M
of] ljj/0fkq xfdLn] k'g/fjnf]sg u/L cg'df]bg u/]sf] x'gfn] o; ljj/0fkqdf pNn]v ul/Psf ljj/0f tyf hfgsf/Lx?sf ;fy} lgisf;g tyf laqmL k|aGwsnfO{ lbPsf] ljQLo ljj/0f, cGo ljj/0f, hfgsf/L tyf sfuhftx?sf] ;Totf / z'4tf k|lt / lwtf]kq btf{ tyf lgisf;g cg'dltsf] k|of]hgsf nflu g]kfn lwtf]kq af]8{df k]z ul/Psf] ljj/0fkq / ;f] ;Fu ;DalGwt cGo ljj/0f tyf hfgsf/Lx?sf] z'4tf tyf ;Totfk|lt o; ljj/0fkqdf x:tfIf/ ug]{ xfdL ;+rfnsx? JolQmut jf ;fd"lxs ?kdf hjfkmb]lxtf axg ub{5f}+ / lwtf]kq lgisf;gsf nflu tf]lsPsf zt{ tyf cfjZostfx?sf] ;DaGwdf cfjZos hfgsf/L lnO{ xfdL of] pb\3f]if0f ub{5f}+ ls tf]lsPsf zt{ tyf cfjZostfx? ;a} kfngf u/]sf 5f}+ / nufgLstf{x?nfO{ nufgL ;DaGwL ;d'lrt lg0f{o lng cfjZos s'g} ljj/0f, ;"rgf tyf hfgsf/Lx? n'sfPsf 5}gf}+ .
-v_ ;+ul7t ;+:yfsf] hjfkmb]lxtf ;DaGwL pb\3f]if0f M
o; sfnLsf kfj/ sDkgL lnld6]8n] k|sflzt u/]sf] ljj/0fkq, ;fj{hlgs k|:tfj, lj1fkg jf cGo s'g} ;"rgfdf pNn]v ePsf ljj/0f afx]s sDkgLsf] jf/]df k|sflzt cGo s'g} ;"rgf jf hfgsf/Lsf] hjfkmb]xLtf o; sDkgLdf g/xg] / To:tf] ;"rgf, hfgsf/L jf ljj/0fsf] cfwf/df nufgL u/]df ;f] sf] hf]lvd nufgLstf{ :jo+n] axg ug'{kg]{5 .
-u_ lgodg lgsfosf] lgodg Aoj:yfsf] kfngf ;DaGwL pb\3f]if0f M k|rlnt sfg"g cg';f/ cfkm\gf] pBf]u÷Joj;fo÷;]jf;Fu ;DalGwt lgodg lgsfo -h:t} M sDkgL /lhi6«f/sf] sfof{no, cfbL_ sf] z]o/ lgisf;g ;DaGwL tyf cGo lgodg Joj:yf tyf lgb{]zgx?sf] kfngf u/]sf] s'/fsf] pb\3f]if0f ub{5f}+ . ;fy} z]o/ lgisf;g ug]{ k|of]hgsf] nflu tof/ ul/Psf] ljj/0f kq / ;f]df plNnlvt ;Demf}tf jf cGo ljj/0fx? g]kfn lwtf]kq af]8{ / sDkgL /lhi6«f/sf] sfof{nodf k]z u/]sf 5f}+ . sDkgLn] sDkgL P]g, @)^# adf]lhd k]z ug{'kg]{ ljj/0fx? sDkgL /lhi6«f/sf] sfof{nodf cf=j= @)&#÷)&$ ;Ddsf] ljj/0f k]z u/L ldlt @)&$÷!)÷!) ut] sDkgL /lhi6«f/sf] sfof{nodf cBfjwLs clen]v u/LPsf] 5 .
-3_ ;+:yfks, ;+rfns tyf sfo{sf/L k|d'v ;DaGwL pb\3f]if0f M
-!_ o; sDkgLsf]] ;+:yfks, ;+rfns jf sfo{sf/L k|d'v shf{ ;"rgf s]Gb|sf] sfnf] ;"rLdf /x]sf 5}gg\ .
-@_ o; sDkgLsf] ;+rfns jf sfo{sf/L k|d'v sfnf];"rLdf /x]sf] cGo ;+ul7t ;+:yfdf ;+rfns jf sfo{sf/L k|d'v
/x]sf 5}gg\ .
-#_ ;fj{hlgs lgisfzg dfkm{t ;j{;fwf/0faf6 k"FhL ;+sng u/L j]kQf ePsf jf ;+rfngdf g/x]sf jf
nufgLstf{x?sf] lxt ljk/Lt x'g] sfo{ u/]sf] ;+ul7t ;+:yfsf] ;+rfns jf sfo{sf/L k|d'v o; sDkgLsf] ;+rfns
jf sfo{sf/L k|d'v 5}gg\ .
-$_ lwtf]kq ;DaGwL sfg"g ljk/Lt sfo{ u/]sf] sf/0f lwtf]kq ahf/ jf lwtf]kq Joj;foLsf] cg'dltkq vf/]h ePsf]
bz jif{ k"/f gePsf] ;+ul7t ;+:yfsf] ;+rfns jf sfo{sf/L k|d'v o; sDkgLsf] ;+rfns jf sfo{sf/L k|d'v 5}gg\ .
-%_ o; sDkgLsf] ;+rfns jf sfo{sf/L k|d'v lwtf]kq ;DaGwL P]gsf] bkmf !)* adf]lhd ;+rfns jf sfo{sf/L k|d'v x'g
cof]Uo /x]sf 5}gg\ .
4
#= ;+ul7t ;+:yf ;DjlGw hfgsf/LM
-s_ ;+ul7t ;+:yfsf] k[i7e"dLM
-s_ sDkgLsf] gfd M sfnLsf kfj/ sDkgL lnld6]8.
-v_ sDkgL s'g P]g cGtu{t :yfkgf ePsf] ;f] s'/f M sDkgL P]g, @)^# cGtu{t :yflkt .
-u_ /lhi68{ sfof{no M o; sDkgLsf]/lhi68{ sfof{no lrtjg lhNnf e/tk'/ pkdxfgu/kflnsf j8f=g+ !), e/tk'/ /x]sf] 5 .cfjZostfg';f/ ;DalGwt lgsfosf] :jLs[t lnO{ g]kfn /fHo e/L h'g;'s} :yfgdf sDkgLsf] zfvf, pkzfvf tyf ;Dks{ sfof{no lj:tf/ ug{ ;lsg]5 .
-3_ sf/f]jf/ ug]{ d'Vo :yfg -hnljB't s]Gb|_MsDkgLsf]hnljB't pTkfbg s]Gb| -b/f}bL æPÆ ;fgf hnljB't cfof]hgf_ uf]/vf lhNnfsf]clh/sf]6 ufFpmkfnLsf ;fljssf] d'Rrf]s uf=lj=;=df /x]sf] 5 .
-ª_ sDkgLsf] :yfkgfsfn b]lv xfn;Ddsf] ;+lIfKt Oltxf; / sDkgLsf] d'Vo pb]Zox? M– • sfnLsf kfj/ sDkgL lnld6]8 k|rlnt sfg"g adf]lhd @)^$;fn kmfNu'g@$ ut] sDkgL
/lhi6«f/sf] sfof{nodf b/f}bL sfnLsf xfO{8«f] k|f=ln=sDkgLsf] ?kdf btf{ e} ldlt @)&@cflZjg@( ut]b]lv klAns sDkgLdf kl/0ft e} sDkgL P]g, @)^# / ljB't P]g, @)$( cGtu{t sfd÷sf/f]af/ ub}{ cfO/x]sf] 5 . klAns sDkgLdfkl/0ft ePkZrft sDkgLsf] gfd kl/jt{g eO{“sfnLsf kfj/ sDkgL lnld6]8” /xg uPsf] xf] .
• sDkgLn] ljB't pTkfbg ug]{ cg'dlt ldlt @)^( ;fn h]i7 ^ ut] k|fKt u/]sf] 5 . ;f] cg'dltkqsf] afxfn cjlw @)^( ;fn h]i7 !^ ut]b]lv @!)$ ;fn h]i7 !% ut];Dd /xg] 5 .
• o; sDkgLn] lgdf{0f u/L ;+rfngdf NofPsf] b/f}+bL P cfof]hgfsf] nfut k|lt d]3fjf6 sl/a ?= @#=!@ s/f]8 /x]sf] 5 . cfof]hgfsf] ;fwf/0f nufgL lkmtf{ x'g] calw (=%$ aif{tyf l8:sfpG6df nufgL lkmtf{ x'g] calw !$=&$ aif{ /x]sf]5 .
• sDkgLsf] k|jGwkq / lgodfjnL cg';f/ hf/L k"FhLsf] #)% z]o/ dWo] ;~rfns ;ldltsf] lg0f{o cg';f/ pBf]u k|efljt If]q -cfof]hgf k|efljt uf]/vf lhNnfsf cflh/sf]6 ufFpmkfnLsf j8f g+=%,;'nLsf]6 ufFpmkfnLsf j8f g+=$,% tyf ^, led;]g ufFpmkfnLsf j8f g+=!,;L/fgrf]s ufFpmkfnLsf j8f g+=& / uf]/vf gu/kfnLsf j8f g+= @,#,$,%,^ tyf &/ uf]/vf lhNnfsf cGoafl;Gbfx?_ nufot sd{rf/L tyf ;j{;fwf/0fnfO{ lgisfzg tyf lalqm lat/0f ul/g] Aoj:yf ul/Psf]5 .
• sDkgLn] u08sL c~rn,uf]/vf lhNnfsf] clh/sf]6 ufFpmkflnsf tTsfnLg d'Rrf]s tyf ;f}/kfgLuf=lj=;=x? aLr eP/ axg] b/f}bL vf]nfaf6 ^,)))lsnf]jf6 Ifdtfsf] hnljB't pTkfbg ug]{ p2]Zo cg'?k ldlt @)&#÷)*÷!@ut]b]lv ljB'tsf] Aofkfl/s pTkfbg k|f/De u/]sf]5 .
• sDkgLaf6 pTkfbg ul/Psf] ;j} ljB't zlQm Psd'i6 g]kfn ljB't k|flws/0fn] vl/b ug{ dGh'/ u/L sDkgL / k|flws/0f aLr @)^*;fn efb|!( ut] ljB't vl/b ljqmL ;Demf}tf ;DkGg eO{ ;s]sf] 5 .
sDkgLsf] d'Vo p2]Zox? b]xfo adf]lhd /x]sf]5 M -!_ ljB't cfof]hgfx?sf] ;DefJotf cWoog ug]{M—ljB't ;+u ;DalGwt cfof]hgfx?sf]
klxrfg u/L g]kfn ;/sf/;+u cg'dlt lnO{ k"j{ ;DefAotf cWoog,jftfj/0f k|efj d"NofÍg (EIA),Detail Project Report(DPR) ;d]t u/L ljB't v/Lb ;Demf}tf ;Ddsf] ;]jf ;+rfng ug]{ .
-@_ ljB't cfof]hgfx? tyf k|;f/0f nfOg lgdf{0f, ;+rfng tyf x:tfGt/0f ug]{ (BOT) M—g]kfn ;/sf/;+u cg'dlt k|fKt u/L ljB't cfof]hgfx? tyf k|;f/0f nfO{g lgdf{0f ug]{, ;+rfng ug]{ / g]kfn ;/sf/nfO{ ;Demf}tf adf]lhd lglZrt ;dofalw kl5 x:tfGt/0f ug]{, ;f] sfo{sf] nfuL ljB't v/Lbstf{;Fu ljB't v/Lb ;Femf}tf (PPA) u/L pTkflbt ljB't lalqm ug]{ .
-#_ ljB't u[x lnhdf lng] jf v/Lb u/L ;+rfng ug]{ M—xfn ;+rfngdf /x]sf ;fy} lgdf{0fflwg ljB't u[xx?nfO{ vl/b ug]{ jf lnhdf lnO{ ;+rfng ug]{ / pTkflbt ljB't lalqm ljt/0f ug]{ .
5
-$_ ljB't u[xsf] ;+rfng ;Def/ tyf k/fdz{ ;]jf lbg]M—;+rfngdf /x]sf g]kfn ;/sf/ jf lghL If]qsf ljB't u[xx?sf] ;+rfng tyf ;Def/df cfjZos k|fljlws, Aoj:yfkg tyf k/fdz{ ;]jf lbg] .
-%_ ljB't v/Lb jf ljlqm Joj;fo ug]{M—ljB't pTkfbg stf{;Fu ljB't v/Lb u/L ljB't vktstf{x?nfO{ ljB't lalqm ljt/0f ug]{ .
-^_ d]lzg pks/0fx? ljlqm ljt/0f ug]{M—ljB't pTkfbg s]Gb| tyf ;a:6]zgx?nfO{ cfjZos kg]{ d]lzg pks/0fx? cfoft ul/ ljlqm ljt/0f ug]{ .
-r_ sDkgLsf] s'g} ;xfos sDkgL ePdf ;f] ;xfos sDkgLsf] gfd, Oltxf; / To;sf d'Vo p2]Zox?sf ;fy} To;df ePsf] nufgLsf] c+z -k|ltztdf_MgePsf] .
-5_ b]xfosf s'/fx? ;d]t pNn]v ug'{kg]{ -nfu' x'g] xb;Dd_ M
-!_ sDkgLn] pTkfbg ug]{ a:t' jf k|bfg ug]{ ;]jfx?M;fgf tyf demf}nf hnljB't cfof]hgfsf] lgdf{0f, ;+rfng / Aoj:yfkg ug]{ .
-@_ k|of]u ePsf] jf ul/g] ljlw Mhn;|f]taf6 hnljB't pTkfbg ug]{ .
-#_ s'g} j|fG8g]d, k|ltlnlk clwsf/, 6«]8dfs{, Ohfhtkq, k|fljlws ;xof]u ;Demf}tf / ;+ul7t ;+:yf;Fu ;DalGwt af}l4s ;DklQ xs clwsf/ MgePsf] .
-$_ ;+ul7t ;+:yfn] cf]u6]sf] ahf/ If]q MpTkflbt laB't /fli6«o ljB't k|0ffnL dfkm{t g]kfn ljB't k|flws/0fnfO{ ljqmL ug]{ .
-%_ gofF pTkfbg tyf ;]jf ;DaGwL of]hgf Myk gofF hnljB't cfof]hgfx?sf] ljsf; ug]{ .
-^_ pTkfbg tyf ;]jfsf] k|d'v ahf/ / To;sf] dfu / laqmL ljt/0fsf] tl/sf M ljB't v/Lb ljqmL ;D´f}tf cg';f/ g]kfn ljB't k|flws/0fnfO{ ljB't ljqmL ug]{ ;fy}g]kfn ljB't k|flws/0f;+u ljB't vl/b ;Demf}tfdf ePsf] d'Vo d'Vo a'bfFx? M
s_ g]kfn ljB't k|flws/0f;+u cfof]hgf ;+rfngsf] ;xhtfsf nflu ;dGjo ;ldlt u7g u/L sfo{ ug]{ .
v_ g]kfn ljB't k|flws/0fn] Aofkfl/s pTkfbg z'? x'g] ldltb]lv x/]s dlxgf sDkgLn] cfof]hgfaf6 pTkfbg u/L pknAw u/fPsf] sG6«ofS6 OghL{sf] kl/df0f ;Ddsf] phf{ vl/b jfkt aiff{ ofddf k|lt ls=jf=?=$÷*) / ;'Vvf ofddf k|lt ls=jf=?=*÷$) sf b/n] e'QmfgL lbg]5 . ;fy} Aofkf/Ls pTkfbg z'?x'g] ldlt (Commercial Operation Date) af6 Ps aif{ k'u]sf] dlxgfsf] nut} kl5sf] dlxgfb]lv nfu' x'g] u/L k|To]s aif{sf] nfuL # k|ltztsf b/n] % k6s;Dd d'No a[l4 lbO{ lgDg tflnsf cg';f/ ljB't phf{ vl/b b/df sfod ul/Psf]5 .
calw-Jofkf/Ls pTkfbg z'? x'g] ldlt (COD) sfod ePsf] dlxgf nut}
kl5sf] dlxgfnfO{ klxnf] dlxgf dfgL cjlw u0fgf x'g]u/L_
;'Vvf ofd -kf}if b]lv r}q ;Dd_ ?=k|lt o'lg6
aiff{ ofd -a}zfv b]lv dfu{ ;Dd_ ?=k|lt o'lg6
klxnf] dlxgf b]lv !@cf} dlxgf ;Dd *÷$) $÷*) !#cf} dlxgf b]lv @$cf} dlxgf ;Dd *÷^% $÷($@%cf} dlxgf b]lv #^cf} dlxgf ;Dd *÷() %÷)( #&cf} dlxgf b]lv $*cf} dlxgf ;Dd (÷!^ %÷@# $(cf} dlxgf b]lv ^)cf} dlxgf ;Dd (÷$! %÷#*^!cf} dlxgf b]lv ;Demf}tf cjlw ;Dd (÷^^ %÷%@
u_ sDkgLsf]s'n OghL{ laB't vl/b ;Demf}tf (Contract) adf]lhd #,@*,^@,*## Kwh /x]sf] 5 .
3_ ;Demf}tfsf] calw #) aif{;Dd /xg]5 .
-&_ pTkfbg÷;+rfng Ifdtf / ;f] sf] pkef]u l:ylt M ^,))) lsnf]jf6 Ifdtfsf] hnljB't s]Gb| lgdf{0f sfo{ ;DkGg eO{ ldlt @)&#÷)*÷!@ ut]b]lvljB'tsf] Aofkfl/s pTkfbg k|f/De ul/Psf] 5 .
-*_ sRrf kbfy{sf] >f]t, lsl;d / pknAwtf Mb/f}bLvf]nfaf6 k|fs[lts axfjdf cfwfl/t kfgL .
6
-(_ u'0f lgoGq0fsf nflu ul/Psf] Joj:yf MhnljB't ;+/rgf / laB't pks/0fx? pko'Qm cj:yfdf /fVg cfjZos Aoj:yf ul/Psf] 5 .
-!)_ cg';Gwfg tyf ljsf; MgofF cfof]hgfx?sf] cWoog, ljZn]if0f Pj+ ljsf; sfo{ eO/x]sf]5 .
-!!_ ljut !@ dlxgfsf] cjlwdf ;+:yfsf] ;+rfngdf c;/ kg]{ u/L ePsf] jfwf, Jojwfg MgePsf] .
-!@_ dhb'/ ;+u7g;Fusf] ;DaGw / ljutdf s'g} cf}Bf]lus ljjfb ePsf] eP, ;f] ;DaGwL ljj/0f MgePsf] .
-!#_ ahf/, k|lt:kwf{ / cGo ;dfg pBf]ux? aLr ;+ul7t ;+:yfsf] l:ylt M Ps dfq ljB't v/Lbstf{ g]kfn ljB't k|flws/0f /x]sf] 5 .
-!$_ k|d'v u|fxsx?sf] ljj/0f -h:t}–;+:yfsf] s"n jflif{s sf/f]af/df !)Ü jf ;f] eGbf a9Ln] of]ubfg ug{] jf Joj;fosf] nflu ;+ul7t ;+:yf s'g} k|d'v u|fxs;Fu lge{/ 5 eg] t\t;DaGwL ljj/0f Mg]kfn laB't k|flws/0f .
-!%_ k|d'v ;Knfo;{x?sf] ljj/0f -h:t}–;+:yfsf] s"n sf/f]af/df !)Ü jf ;f] eGbf a9Ln] of]ubfg ug{] ;Knfo;{ jf Joj;fosf] nflu ;+ul7t ;+:yf s'g} k|d'v ;Knfo;{;Fu lge{/ 5 eg] t\t;DaGwL ljj/0f M hnljB't s]Gb|df hl8t pks/0fx?sf] Spare Parts sf] nfludfq xfn Andritz Hydro Pvt.Ltd,India ;+u lge{/ /xg' kg]{ cj:yf /x]sf] 5 .
-v_ sDkgLsf] ;DklQ ;DaGwL ljj/0fM
-s_ ;+ul7t ;+:yfsf] pks/0f -KnfG6_ tyf cGo ;DklQ /x]sf] :yfg / pks/0f tyf ;DklQsf] cj:yf M
sDkgLsf] :jfldTjdf b/f}bLvf]nfdf /x]sf] Knf06 tyf pks/0fx? d'Nrf]s uf=lj=;=j8f g+= $, uf]/vfl:yt ljB't u[xdfh8fg eO{ ;~rfngdf /x]sf] cj:yfdf /x]sf 5g\ . ljB't pTkfbg s]Gb|sf l;len ;+/rgfx? clh/sf]6 ufFpmkflnsf j8f g+= % -;fljs d'Rrf]suf=lj=;=_uf]/vfdf /x]sf 5g\ . xfn;Dd sDkgLsf] gfddf >[hgf eO;s]sf] rn crn ;DklQsf] ljj/0f lgDg cg';f/ /x]sf] 5 .
ljj/0f Dff}Hbft -?=_ s}lkmot hUuf vl/b @*,!*),)($=)% sDkgLsf] gfddf /x]sf] l;len sfo{ vr{ ^%%,#%(,)($=%( rfn' cj:yfdf /x]sf] On]S6«f] d]sflgsn vr{ @@&#)(&!*=*) rfn' cj:yfdf /x]sf]Jfftfj/0f vr{ !),%)@,!$)=)) rfn' cj:yfdf /x]sf]d]6n ÷xfO8«f] vr{ #(()*$#%)=)) rfn' cj:yfdf /x]sf] 6«fG;ld;g tyf ;a :6]zg vr{ $*,@&^,*^$=*) rfn' cj:yfdf /x]sf] ;jf/L ;fwg ^&!,$%)=)) rfn' cj:yfdf /x]sf] cGo ;DklQ !&,!$%,()%=^* rfn' cj:yfdf /x]sf]sfof{no pks/0f ^!*,^!!=)) rfn' cj:yfdf /x]sf]
hDdf !,#*&,!$*,@@*=(% v_ a"+bf -s_ df pNn]lvt ;DklQ ;+ul7t ;+:yfsf] cfkm\g} ;DklQ xf] of lnhdf
lnPsf],lnhdf lnPsf] eP lnhsf] cjlw -ldlt ;d]t pNn]v ug'{kg]{_ M cfof]hgfsf] kfj/xfp;, :jLrof8{ / :6fkm Sjf6/cfkm\g} hUufdf lgdf{0f ePsf] /
OG6]s,;h{ 6\ofÍ / k]g:6s kfOk lj5\ofPsf] ul/ s'n!=#$* x]S6/ agIf]q g]kfn ;/sf/;Fu ePsf] ;Demf}tf ldlt @)&!÷)#÷#! b]lv ## aif{sf] nflu lnhdf lnOPsf] 5 . jg lgodfjnL, @)%! sf] cg';'rL @) adf]lhdsf] jflif{s b:t'/ ?=!,!!)=)) sf b/n] e'QmfgL ul/Psf] 5 .
u_ olb ;DklQ ;+ul7t ;+:yfsf] :jldTjdf /x]sf] ePdf pQm ;DklQ dfly s'g} lnog jf df]6{u]h eP ;f] ;DaGwL ljj/0f M
7
sDkgLsf] :jfldTjdf /x]sf] ;DklQ cfof]hgf ;~rfng tyf lgdf{0fsf] nflu lnPsf] shf{sf] nflu ln8 a}+s,Unf]an cfO{PdO{ a}+s ln=/ df5fk'R5|]« a}+s lnld6]8sf] ;x– ljlQos/0fdf ;xefuL a}sx?sf] gfpFdf lwtf]aGws /x]sf]5 .
3_ ljj/0fkq af]8{df k]z ul/Psf] ldltdf ;+ul7t ;+:yfsf] ;DklQsf] lstfjL d"No / ahf/ d"No aLr km/s ePdf ;f]sf] ljj/0f M
sDkgLsf] ;DklQx?sf] d"No k/n df]ndf g} /flvPsf] / k'gd"{Nof+sg ul/Psf] 5}g . ª_ ;DklQsf] d"Nof+sg ul/Psf] t/Lsf ;DaGwL ljj/0f M nfu' gx'g] .
-u_ sDkgLsf]] efjL of]hgf tyf /0fgLlt M
-s_ Joj;fo÷;]jfsf] a[l4sf nflu ;+:yfsf] efjL of]hgf / To:tf] of]hgfsf] k|fKtLsf nflu rflng] ;doj4 /0fgLlt M
sDkgLn] cfˆgf] Joj;fo jf ;]jfsf] j[l4sf nflu rfNg] efjL of]hgf / To:tf] of]hgfsf] k|fKtLsf nflu rflng] ;doj4 /0fgLlt lgDgfg';f/ 5g\ .
• sDkgLsf] d'Vo p2]Zo g]kfnsf] hnljB't ljsf;df Ps cu|0fL sDkgLsf] /mkdf :yflkt ug]{ .
• gofF hnljB't cfof]hgfx/msf] ;DefJotf cWoog u/L cGo hnljB'tcfof]hgfx/m ;d]t lgdf{0f ug]{ .
• sDkgLn] ;/sf/L lgsfox/m;Fu ePsf] ;Demf}tf adf]lhd b]zdf /x]sf] hn>f]tsf] clwstd pkof]u u/L ljB't pTkfbg u/L g]kfn ljB't k|flws/0fnfO{ ljqmL ug]{ .
• sDkgLn] cfˆgf] p2]Zo k|fKtLsf nflu Joj;flos ?kdf ;DefJo b]lvPsf] hnljB't cfof]hgfx?df nufgL ug]{ .
-v_ k|lt:kwf{, ljBdfg cfly{s l:ylt / ;dfg lsl;dsf] pBf]usf] l:ytLsf] cfwf/df ;+ul7t ;+:yfsf] Joj;fosf] eljio M g]kfndf hnljB't pTkfbgsf] k|r'/ ;+efjgf /x]sf] ePklg jt{dfg cj:yfdf ljB'tsf] dfu / cfk'lt{ aLr 7"nf] vf8n /x]sf] 5 . h;n] ubf{ g]kfnL hgtfn] rsf]{ nf]8;]l8ªsf] df/ v]Kg' kl//x]sf] 5 . o;sf] kof{Kt ljsf; x'g ;s] l5d]ls d'n'sx?df lgof{t ug{ klg ;lsG5 . To;}n] of] Aoj;fodf k|lt:kwf{sf] cj:yf cfpg] 5}g . o;y{ sDkgLn] cfˆgf] Aoj;fosf] lg/Gt/tfsf nflu cufl8a9fPsf hnljB't cfof]hgfx?sf] lgdf{0f / cGo cfof]hgfsf] klxrfg tyf ljsf; ubf{ cGo a:t'sf] h:tf] k|lt:kwf{ ug'{ kb}{g . To;}n] xfnsf] cj:yfdf o; Joj;fodf k|lt:kwf{sf] cj:yf ;[hgfx'g;Sg] ;Defjgf Hofb} Go'g /x]sf] 5 . o;y{ sDkgLn] cfkm\gf] Joj;fosf] lg/Gt/tfsf] nflu cuf8L a9fPsf cfof]hgfx?sf] lgdf{0f / cGo cfof]hgfx?sf] klxrfg tyf ljsf; ubf{ cGo j:t'sf] pTkfbgdf h:tf] k|lt:kwf{ ug'{kb}{g .
-3_ ;+rfns ;ldltsf] ;+/rgf / k|ltlglwTj ;DalGw Joj:yfM sDkgLsf] lgodfjnLsf] lgod @&df b]xfo adf]lhdsf &-;ft_ hgf ;+rfns ;b:o /x]sf] Ps ;+rfns ;ldlt x'g] Joj:yf /x]sf] 5 M ;d"x "s" sf ;+:yfks z]o/wgLx?sf] k|ltlglwTj ug]{ lgjf{lrt ;~rfnsx? $ hgf
;d"x "v" sf ;j{;fwf/0f z]o/wgLx?sf] k|ltlglwTj ug]{ lgjf{lrt ;~rfnsx? @ hgf:jtGq Aoj;flos ljz]if1 ! hgf
hDdf & hgf o; sDkgLsf] ;+rfnssf] kbdf lgo'lQm x'gsfnflu s'g} klg z]o/wgLn] cfˆgf] gfddf sDtLdf !))
-Ps;o_ lsQf z]o/ lnPsf] x'g'kb{5 .t/ :jtGq ;+rfns / ;+ul7t ;+:yfsf] k|ltlglwTj ug]{ ;~rfnssf] xsdf of] Joj:yf nfu' x'g] 5}g . ;+rfnsx?sf] sfo{sfn $ jif{sf] x'g]5 .
$ k"FhL ;+/rgf ;DjlGw ljj/0fM
-s_ k"FhLsf] ;+/rgf M–
!_ clws[t k"FhL (Authorised Capital): sDkgLsf] clws[t k"FhL ?=*%,)),)),)))÷– -krf;L s/f]8dfq_ x'g] 5 . ;f] k"FhLnfO{ k|lt z]o/?= !))÷– b/sf *%,)),))) -krf;L nfv_yfg ;fwf/0f z]o/df ljefhg ul/Psf] 5 .
8
@_ hf/L k"FhL (Issued Capital): sDkgLsf] tTsfn hf/L ug]{ z]o/ k"FhL ?= ^),)),)),)))÷– -;f7L s/f]8dfq_ x'g] 5 . ;f] k"FhLnfO{ k|lt z]o/ ?= !))÷– b/sf ^),)),))) -;f7L nfv_yfg ;fwf/0f z]o/df ljefhg ul/Psf] 5 .
#_ r'Qmf k"FhL (Paid Up Capital): sDkgLsf] xfnsf] r'Qmfk"FhL $*,)),)),)))÷— -c8\rfln; s/f]8_ /x]sf] 5 .;f] k"FhLnfO{ k|lt z]o/ ?=!))÷– b/sf $*,)),))) - c8\rfln; nfv_ yfg ;fwf/0f z]o/df ljefhg ul/Psf] 5. ;j{;fwf/0fx?af6 ?=!@,)),)),)))/- -afX s/f]8 dfq_ /sd a/fa/sf] z]o/ o; ljj/0fkq dfkm{t ;fj{hlgs lgisf;g eO{ afF8kmfF6 eP kZrft\ sDkgLsf] r'Qmf k"FhL ?=^),)),)),)))÷— -;f7L s/f]8_ x'g]5 .
sDkgLsf] :yfkgf kZrft\ clws[t, hf/L Pj+ r'Qmf k'FhLdf lgDg adf]lhd kl/jtg{ ePsf] 5 .
qm=; ljj/0f
cf=j= @)&!÷@)&@
cf=j= @)&@÷@)&#
cf=j= @)&#÷@)&$
!= clws[t k"FhL -?=_ !)),))),))) *%),))),))) *%),))),)))@= hf/L k"FhL -?=_ !)),))),))) *%),))),))) ^)),))),))) #= r'Qmf k"FhL -?=_ !)),))),))) @)),))),))) $@),))),)))
-v_ lgisf;g kl5sf] r'Qmf k"FhL -;d"xs[t ul/Psf] cj:yfdf ;f]lx cg'?k_
;wf/0f z]o/ lgisf;g u/L afF8kmfF6 u/] kZrft sDkgLsf] k"FhL ;+/rgf M
;d"x z]o/wgLx? ;fwf/0f z]o/
;+Vof kF"hL
;+/rgf r'Qmf k"FhL /sd -?=_ e'QmfgL k|ltzt
s ;+:yfks z]o/wgL $@,)),))) &)% $@,)),)),)))÷– ztk|ltzt v pBf]u k|efljt If]q ^,)),))) !)% ^,)),)),)))÷– ztk|ltzt v ;j{;fwf/0fx? -sd{rf/L ;lxt_ !@,)),))) @)% !@,)),)),)))÷– ztk|ltzt hDdf ^),)),))) !))% ^),)),)),)))÷–
-u_ z]o/ lk|ldod vftf -lgisf;g k'j{ / lgisf;g kZrft_
lgisfl;t z]o/ lk|ldoddf geO{ c+lst d"Nodf hf/L u/LPsf] x'Fbf z]o/ lk|ldod vftf cfjZos g/x]sf] .
% ;+:yfks÷;+rfns ;DjlGw hfgsf/LM
-s_ ;+:yfks÷;+rfnsx?s]f k[i7e"dL M
-s_ cfwf/e't z]o/wgLx? tyf ;+rfnsx?sf] gfd, kb, pd]/, /fli6«otf, 7]ufgf, z]o/ :jfldTj, z}lIfs of]Uotf, cg'ej / k|:tfljt Aofkf/÷Aoj;fodf cg'ej M
cfwf/e't z]o/wgLsf] ljj/0fM
qm=;= gfd
7]ufgf pd]/ /fli6«otf z}lIfs of]Uotf z]o/ :jfldTj
lsQf
k|ltzt cg'ej
! >L laqmd kf08] e/tk'/ d=g=kf=—!) ^# g]kfnL dfgljsL ;+sfodf k|lj0ftf k|df0fkq tx
@%,@),))) ^)% -e'=k"= e'dL ;'wf/ tyf Aoj:yfkg dGqL -e'=k'= jg tyf e"–;+/If0f dGqL -@)## ;fnb]lv sfnLsf sG:6«S;g k|f=ln df cWoIf tyf k|aGw lgb]{zs . -@)%* ;fnb]lv sfnLsf PkmPddf cWoIf tyf k|aGw lgb]{zs .
@ >L kfj{tL kf08] e/tk'/ d=g=kf=—!) %* g]kfnL dfgljsL ;+sfodf :gfts tx
@,!),))) %% -@)$% ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df ;~rfns .
# >L lgsf]n; kf08]
e/tk'/ d=g=kf=—!) #( g]kfnL Aoj:yfkg ;+sfodf :gftsf]Q/ tx
$,@),))) !) % -@)^# ;fnb]lv sfnLsf sG:6«S;g k|f=ln=sfo{sf/L lgb]{zs -@)&! ;fnb]lv j]bf+zL OGk|mf:6«sr/ k|f=ln=df k|aGwlgb]{zs .
$ >L aT;n kf08] e/tk'/ d=g=kf=—!) #$ g]kfnL Aoj:yfkg ;+sfodf :gfts tx
*$,))) @% -@)^* ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df k|f]h]S6 d]g]h/ tyf ljut Ps aif{b]lv k|d'v sfo{sf/L clws[t .
%
>L o'j axfb'/ If]qL
u'~hgu/ uf=lj=;=j8f g+= ^, lrtjg
%! g]kfnL dfgljsL ;+sfodf :gfts tx
$,@),))) !) % -@)$& ;fnb]lv sfnLsfsG:6«S;g k|f=ln=df dxflgb]{zs kbdf sfo{/t .
9
^ >L kbd u'?Ë Vf]KnfË—&,uf]/vf $@ g]kfnL Aoj:yfkg ;+sfodf :gftsf]Q/ tx
$,@),))) !) % -@)$( ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df lgb]{zs .
& >L 7fs'/ k|;fb 9sfn
xld{ uf=lj=;=(, uf]/vf $$ g]kfnL dfgljsL ;+sfodf :gfts tx
!,@^,))) #% -@)%$ ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df dxfk|jGws .
;+rfnsx?sf] ljj/0f M
qm=;+= gfd kb pd]/ /fli6«otf 7]ufgf z]o/ :jfldTj z}lIfs of]Uotf
cg'ej
!= >L ljqmd kf08] cWoIf tyf k|jGw lgb]{zs
^# g]kfnL e=g=kf=j*f g+= 10,
lrtjg
25,20,000 dfgljsL ;+sfodf k|lj0ftf k|df0fkq tx
-e'=k"= e'dL ;'wf/ tyf Aoj:yfkg dGqL -e'=k'= jg tyf e"–;+/If0f dGqL -@)## ;fnb]lv sfnLsf sG:6«S;g k|f=ln df cWoIf tyf k|aGw lgb]{zs -@)%* ;fnb]lv sfnLsf PkmPddf cWoIf tyf k|aGw lgb]{zs .
@= >L lgsf]n; kf08] ;~rfns #( g]kfnL e/tk'/ d=kf=—!) $,@),))) Aoj:yfkg ;+sfodf :gftsf]Q/ tx
-@)^# ;fn b]lv sfnLsf sG:6«S;g k|f=ln= -@)&! ;fnb]lv j]bf+zL OGk|mf:6«sr/ k|f=ln=df k|aGw lgb]{zs .
#= >L o'j axfb'/ If]qL ;~rfns %! g]kfnL e/tk'/ d=kf=—)^ $,@),))) dfgljsL ;+sfodf :gfts tx
-@)$& ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df dxflgb]{zs kbdf sfo{/t .
$= >L kbd u'?Ë ;~rfns $@ g]kfnL Vf]KnfË—&,uf]/vf $,@),))) Aoj:yfkg ;+sfodf :gftsf]Q/ tx
-@)$( ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df lgb]{zs .
-s_ ;fy} :jtGq ;~rfns >L s'a]/dl0f g]kfnHo" cGo xfO8«f]kfj/ sDkgL lnld6]8df ;+rfns /xg'ePsfn] sDkgL P]g,@)^# sf] bkmf *(sf] kfngf u/L ldlt @)&$ dfu{ !# ut] o; sDkgLsf] ;+rfnsaf6 /fhLgfdf lbg' ePsf] 5 .:jtGq ;+rfns kb xfn l/Qm /x]sf] 5 .;fy} sDkgL P]g,@)^#sf] bkmf *(sf] pkbkmf -!_5 sf] k"0f{ kfngf ePsf] 5 .
-v_ ;+:yfksx? s'g} sDkgL÷;+:yf ePdf To:tf] sDkgL÷;+:yfsf] gfd tyf 7]ufgf ;lxtsf] ;+lIfKt ljj/0f / pQm sDkgL÷;+:yfsf ;+rfnsx?sf] gfd, 7]ufgf -k|fs[lts AolQm gv'n];Dd_ M gePsf] .
-u_ ;+ul7t ;+:yfsf ;+rfnsx?, cGo s'g} ;+:yf, sf]if ;+u7g;+u cfj¢ eP To:tf] ;+rfns / cfj¢ ePsf] ;+:yfsf] gfd 7]ufgf M
qm=;+= gfd ;DjlGwt /x]sf] ;+:yf, kmd{ / sDkgLx? != >L ljqmd kf08] -@)## ;fnb]lv sfnLsf sG:6«S;g k|f=ln dfcWoIf tyf k|aGw
lgb]{zs. -@)%* ;fnb]lv sfnLsf PkmPddf cWoIf tyf k|aGw lgb]{zs .
@= >L lgsf]n; kf08] -@)^# ;fn b]lv sfnLsf sG:6«S;g k|f=ln=. -@)&! ;fnb]lv j]bf+zL OGk|mf:6«sr/ k|f=ln=df k|aGw lgb]{zs .
#= >L o'j axfb'/ If]qL -@)$& ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df dxflgb]{zs kbdf sfo{/t.
$= >L kbd u'?Ë -@)$( ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df lgb]{zs .
-3_ ;+:yfks÷;+rfnssf] xs x:tfGt/0f aGb]h ;DaGwL ljj/0f M -!_ of] klAns sDkgL ePsf]n] o; sDkgLsf] z]o/ v'nf ?kdf ljlqm ljt/0f ug{ ;lsg] 5 . -@_ sDkgLsf] z]o/ sfg"gsf] l/t k'¥ofO{ rn ;DklQ ;/x xs 5fl8 lbg jf aGws /fVg
;lsg]5 . t/ sDkgLn] lnPsf] jf lng sa'n u/]sf] z]o/ sDkgLsf] k|yd ;fwf/0f;ef geP;Dd / To:tf] z]o/ dfusf] /sd k'/f r'Qmf geP;Dd / ;~rfns ;ldltsf] :jLs[tLdf glnP;Dd ljlqm ug{ jf lwtf]aGws /fVg ;lsg] 5}g .
-#_ ;+:yfks z]o/wgLx?n] cfkm'n] lnPsf] z]o/ a]rlavg ug'{ k/]df pQm z]o/ vl/b ug{ ;j{k|yd ;+:yfks z]o/wgLnfO{ k|fyldstf lbg'kg]{5 . pk/f]Qm adf]lhd k|fyldstf lbFbf Ps eGbf a9L JolQmx? To:tf] z]o/ vl/b ug{ OR5's ;a}n] ;s];Dd a/fa/ ug{ ;Sg] u/L a]Rg'kg]{5 . ;f] ;d"xsf s'g} klg ;+:yfks z]o/wgn] z]o/ lng] OR5f gu/]df dfq
10
To:tf] z]o/ ;+rfns ;ldltsf] lg0f{o adf]lhd cGo JolQm, kmd{, sDkgL jf ;+ul7t ;+:yfnfO{ ljlqm ug{ ;lsg]5 .
-$_ sDkgLn] k|rlnt sfg'gsf] clwgdf /xL cfkm\gf] z]o/ JolQm jf ;+ul7t ;+:yfnfO{ ljqmL ug{ ;Sg]5 .
-ª_ z]o/ vl/b jf x:tfGt/0f ug{ aGb]h ;DaGwL cGo Joj:yf k|rlnt sDkgL sfg"g / lwtf]kq sf/f]jf/ ;DaGwL sfg"g tyf cGo k|rlnt sfg"gdf pNn]v eP adf]lhd x'g]5 .
-v_ ;+:yfks÷;+rfns;+usf] sf/f]af/ M s_ ;+ul7t ;+:yfaf6 s'g} ;+:yfks÷;+rfnsn] k|ToIf jf ck|ToIf ?kdf s'g} j:t' jf;'ljwf -
cfly{s jf u}/cfly{s_ k|fKt u/]sf] jf k|fKt ug]{ ePdf To:tf] j:t' jf;'ljwfsf] k|s[lt / d"No / To:tf] ;'ljwf lbP jfkt ;+ul7t ;+:yfn] s'g} ;DklQ, ;]jfk|fKt u/]sf] jf ug]{ ePdf tT;DaGwL ljj/0f M k|aGw lgb]{zsn] a}7s eQf jfx]s xfn ;Dd cGo s'g} ;'ljwfx? glnPsf] .
v_ aF'bf -s_ df pNn]lvt j:t' jf ;'ljwfsf] d"No lgwf{/0f ug{ ckgfOPsf] tl/sf M ;fwf/0f ;efsf]lg0f{oaf6.
^ l;ldt bfloTj ;DaGwL ljj/0f M
o; sDkgLsf] :yfkgf k|rlnt sfg"g cGtu{t b}/f}lb sfnLsf xfO8«f] k|f=ln=sf] ?kdf sDkgL /lhi6«f/sf] sfof{nodf ldlt @)^$÷!!÷@$ ut] bQf{ eO{ cfof]hgf lgdf{0f sfo{ ;'? ul/Psf]df ldlt @)&@÷)^÷@( ut] klAns lnld6]8 sDkgLsf] ?kdf sfnLsf kfj/ sDkgL lnld6]8sf] gfdaf6 sfo{ ub}{ cfO/x]sf]5 . o;df z]o/wgLx?sf] bfloTj lghx?n] v/Lb u/]sf] jf ug{ sa'n u/]sf] z]o/sf] c+lst d"No /sd;Dd dfq l;ldt /xg]5 .
& ;+ul7t ;+:yfsf] sd{rf/L ;DjlGw ljj/0fM
-s_ ;+ul7t ;+:yfsf] sd{rf/L ;DjlGw ljj/0fM
s_ ;+ul7t ;+:yfsf] pRr Aoj:yfksLo txsf clws[t sd{rf/Lx?sf] gfd, of]Uotf, lgo'lQm ePsf] ldlt, klxn] sfd u/]sf] cg'ej tyf ;+ul7t ;+:yfsf] z]o/ lnPsf] eP z]o/ ;+Vof ;DaGwL ljj/0f . ;fy} To:tf] sd{rf/Lx? cGo s'g} ;"lrs[t ;+ul7t ;+:yfsf] cfwf/e"t z]o/wgL eP jf cGo s'g} ;+ul7t ;+:yfdf nufgL u/]sf] eP pQm ;+ul7t ;+:yfsf] gfd / nufgL u/]sf] /sd v'nfpg' kg]{ ;DaGwL ljj/0fM
Aoj:yfksLo txsf clws[tx?sf] ljj/0fM
qm=;+= gfd tyf kb lgo'lQm ldlt z}lIfs
of]Uotf cg'ej z]o/ ;+Vof
nufgLsf] ljj/0f
!= >Lljqmd kf08] -k|aGw ;~rfns_
@)&%÷)!÷)^ dfgljsL ;+sfodf k|lj0ftf k|df0fkq tx
-@)## ;fnb]lv sfnLsf sG:6«S;g k|f=ln= dfcWoIf tyf k|aGw lgb]{zs. -@)%* ;fnb]lv sfnLsf PkmPddf cWoIf tyf k|aGw lgb]{zs .
4,20,000
ljbf+zL OGkm|f:6«Sr/ k|f= ln= df $)),))) lsQf, sfnLsf Pkm Pd df %,))) lsQf
@= >L kbd u'?Ë -lgb]{zs_
@)&@÷)^÷!) Aoj:yfkg ;+sfodf :gftsf]Q/ tx
-@)$( ;fnb]lv sfnLsf sG:6«S;g k|f=ln=df lgb]{zs . 4,20,000
sfnLsf Pkm Pd df !),))) lsQf, sfnLsf OghL{ k|f= nLdf (),)))lsQf
#= >L gljg >]i7 -KnfG6 d]g]h/_
@)&#÷)@÷!& la=O{= On]S6«Lsn
ljut @ aif{b]lv KnfG6 d]g]h/sf] ?kdf sfnLsf kfj/ sDkgLdf sfo{/t . —
gePsf]
v_ ljj/0fkq af]8{df k|:t't ug'{ eGbf ! jif{ cuf8Lsf] cjlwdf lgod cg';f/ cjsfz k|fKt ePsf] cj:yf afx]s ;+ul7t ;+:yfsf] pRr Aoj:yfksLo txdf /x]sf s'g} sd{rf/L kl/jt{g ePdf ;f] pNn]v ug'{kg]{ M ;f] gePsf] .
u_ sd{rf/L ;+VofM
o; cfof]hgfsf] cfof]hgf:yn, cGo ef}lts k"jf{wf/:yn / sDkgLsf] /lhi6f8{ sfof{nodf u/L b]xfo adf]lhdsf sd{rf/L sfo{/t 5g\ .
qm=;+ s'n sd{rf/L;+Vof
:yfoL c:yflo s/f/ Hofnfbf/L cGo
! %) %) – – – –
11
-v_ ;+rfns Pj+ pRr Aoj:yfksLo txsf clws[tnfO{ lbPsf] eQf tyf kfl/>lds ;DaGwL ljj/0fM s_ ;~rfns ;ldltsf] cWoIf nufot cGo ;b:ox?nfO{ k|bfg ul/g] jf ul/Psf] a}7s
eQfsf] b/ tyf lghx?nfO{ k|bfg ul/g] jf ul/Psf] b}lgs tyf e|d0f eQf tyf cGo ;'ljwf M
sDkgLsf ;+rfnsx?nfO{ ;+rfns ;ldltsf] a}7sdf efu lnP jfktk|lt j}7s cWoIf ?=%,)))÷ tyf ;b:o ?=$,)))÷ ;'ljwf k|bfg ul/Psf] 5 .
v_ ;+ul7t ;+:yfsf] pRr Aoj:yfklso txsf tLg hgf clws[tx?sf] gfd / kb / Ps cfly{s jif{sf] cjlwleq pgLx?nfO{ kfl/>ldssf] ?kdf e'QmfgL ul/Psf] /sd M
l;=
g+=
Gffd
kb Ps aif{ leq cyf{t\ @)&$ >fj0f b]lv @)&%cfiff9 ;Dddf e'QmfgL
u/]sf] kfl/>lds-?=_
!= >L gljg >]i7 KnfG6 d]g]h/ #,^%,)))
@= >L ljsf; kGt KnfG6 ;'k/efOh/ @,*#,)))
#= >L anLGb| k'g du/ KnfG6 ck/]6/ @,#*,)))
u_ s'g} clws[t jf ;~rfnsnfO{ eljiosf] nflu s'g} /sd k|bfg ul/g] u/L s/f/ ul/Psf] eP ;f] ;DaGwL ljj/0fM xfn;Dd To:tf] s'g} s/f/ ul/Psf] 5}g .
*= cGt{lglxt hf]lvd tyf ;f]sf] Aoj:yfkgsf nflu Aoj:yfkgsf] wf/0ffM sDkgLn] axg u/]sf] jf ug]{ hf]lvdx?nfO{ ;+ul7t ;+:yfsf] cfGtl/s jf Aoj;fo÷kl/of]hgf;Fu k|ToIf cyjf ;+ul7t ;+:yfsf] lgoGq0feGbf aflx/ k|d'v ?kdf b]xfosf hf]lvdx? /x]sf 5g\ . -s_ ljQLo ;fwgsf] cefjaf6 x'g] hf]lvd Mcfof]hgf lgdf{0f ;DkGg eO{ ljB't pTkfbg z'? e};s]sf]
x'gfn] ljQLo ;fwgsf] cefjaf6 x'g] hf]lvd g/x]sf] . -v_ sRrf kbfy{sf] cefjaf6 x'g] hf]lvd M hn>f]tsf] d'xfgdf jftfj/0fdf ck|Toflzt ?kdf kl/jt{g eO{ kfgLsf] >f]t 36\g uPdf pTkfbg Ifdtf 36\g ;Sg] . -u_ pTkfbg jf ;]jfsf] ahf/sf] l:ylt / o;df cfpg] kl/jt{gaf6 x'g] hf]lvd M xfn;Dd ahf/sf] hf]lvd g/x]sf] . -3_ cfof]hgf ;DkGg x'g l9nfO{ x'g] ;Defjgf / To;af6 x'g] d"No clea[l4 (Cost Overrun) sf]
hf]lvd MgePsf] . -ª_ ljb]zL ljlgdosf] hf]lvd M gePsf] . -r_ sfg"gL k|lqmofx? tyf O{hfht k|fKt ubf{ ;f]af6 kg{ ;Sg] c;/x? M
– cg'dtL tyf Ohfht k|fKt ubf{ l9nfO{ x'g uPdf gofFcfof]hgf lgdf0f{ sfo{df l9nfO{ x'g ;Sg] . -5_ If]qLos/0f / ljZjJofkLs/0fsf sf/0faf6 pTkGg x'g ;Sg] hf]lvd M
– cGt/f{li6«o ahf/df x'g] cfly{s dGbLaf6 z]o/ ahf/df c;/ k/]df z]o/ d"Nodf c;/ kg{ ;Sg] h_ ;/sf/L gLlt tyf lgodx?df x'g] kl/jt{g tyf ljZjJofkL ?kdf x'g] gLltut kl/jt{gaf6 pTkGg
x'g] hf]lvd M – g]kfn ;/sf/sf] hnljB't ;DaGwL cfly{s tyf ljQLo lglt lgoddf x'g] kl/jt{gaf6 >[hgf
x'g ;Sg] hf]lvdx? – s/, eG;f/ cflb ;DaGwL Aoj:yfdf kl/jt{g ePdf . – hnljB't pks/0fx? cfoft;DaGwL lgltx? kl/jt{gaf6 x'g hf]lvdx?
-em_ k|ljlwsf] kl/jt{gaf6 x'g ;Sg] hf]lvd M – hnljB't cfof]hgf lgdf0f{sf] nflu cfjZos 6jf{Og, k]g:6s, h]g]/]6/ nufotsf ljleGg
pks/0fdf cfpg] kl/jt{g tyf gofF 6]Sgf]nf]hLaf6 laB't pks/0fx? km]h cfp6 ePdf . -`_ k|ljlwsf] kl/jt{gaf6 x'g ;Sg] hf]lvd M hnljB't cfof]hgf lgdf0f{sf] nflu cfjZos 6jf{Og,
k]g:6s, h]g]/]6/ nufotsf ljleGg pk/s0fdf cfpg] kl/jt{g tyf gofF 6]Sgf]nf]hLaf6 laB't pks/0fx? km]h cfp6 ePdf .
-6_ hf]lvd Joj:yfkgsf] nfuL Joj:yfkgsf] wf/0ff M
pk/f]Qm ;Defljt hf]lvdx?nfO{ Go"gLs/0f ug{ pks/0fx?sf] x«f; vr{sf] Aoj:yfsf ;fy} sfnLsf kfj/ sDkgL lnld6]8 tyf hnljB't pTkfbg s]Gb|sf] cfjZos ;+/rgf, d]l;g, cf}hf/ tyf pks/0fx?sf] hf]lvdnfO{ Go'lgs/0f ug{ aLdf ul/Psf] 5 . ;fy} gofF cfof]hgf sfof{Gjog ubf{ ;xfos sDkgL u7g u/L hf]lvdnfO{ Go"gLs/0f ul/g] 5 .
-7_ cGo M
12
-!_k|fs[lts k|sf]k tyf b}jL k|sf]kn] ubf{ cfof]hgf ;+rfngdf afwf kg{ ;Sg] hf]lvdx? . -@_ k"FhL ahf/sf] cj:yfdf cfpg] ptf/ r9fjaf6 kg{ ;Sg] hf]lvdx? .
;Defljt cfly{s hf]lvdx?nfO{ Go"gLs/0f ug{ Joj:yfkgn] lgDg pkfox? cjnDjg ub}{ hfg]5 . g]kfndf phf{ zlQmsf] dfu w]/} eP tfklg cfk"lt{ Go"g /x]sf] / g]kfn hn>f]tsf] wgL b]z ePsf]n] cGo phf{sf] >f]teGbf e/kbf]{ >f]t kfgL xf] . t;y{ phf{sf nflu hnljB'tsf] cfjZostf / dxTj slxNo} sd gx'g] x'Fbf hnljB'tsf] nufgLdf Go"g hf]lvd /x]sf] Aoa:yfkgsf] wf/0ff /x]sf] 5 . ;fy} phf{ laleGg >f]taf6 k|fKt ug{ ;lsG5 . h:t} M ;f}o{ zlQm, l8h]n, sf]Onf, hn>f]t cflbaf6 k|fKt ug{ ;lsG5 . o;dWo] kfgLaf6 pTkfbg x'g] hnlaB't gljs/0fLo phf{ ePsf]n] hnljB't cfof]hgfx?n] jftfj/0fdf xfgL sd ug]{ / o;sf] nfut cGo phf{eGbf t'ngfTds ?kdf sd /xg] x'Fbf cGo >f]taf6 pTkfbg x'g] laB'teGbf kfgLaf6 pTkfbg x'g] hnljB't cfof]hgfx?df sd hf]lvd /x]sf] wf/0ff Aoj:yfkgsf] /x]sf] 5. ;Defljt hf]lvdx?nfO{ Go"lgs/0fsf nflu sDkgLn] u/]sf jLdfx? ;DjGwL ljj/0f tklzn adf]lhd /x]sf] 5 . s_ clUg ladf cGtu{tsf] ;Dk'li6 g+= KM2/FI/02/00003/074-075 df >L n'lDagL hg/n OG;'/]G; sDkgL ln= af6 g]=?=!,))*,)%(,(%&=)) j/fj/sf] ljdf ul/Psf] . v_ ljQLo hf]lvd sd ug{ sDkgLn] Loss Of Profit (Fire) Insurance Plolicy cGtu{tsf] ;Dk'li6 g+= KM2/FL/01/00001/074-075 df >L n'lDagL hg/n OG;'/]G; sDkgL ln=af6 g]=?=!*$,!(#,(@)=^# j/fj/sf] ljdf ul/Psf] .
lwtf]kqsf] d"No kl/jt{g ;DjGwL hf]lvd
?=!))÷— k|lt z]o/sf b/n] lgisflzt z]o/ d"Non] ;"rLs/0f kZrft g]kfn :6s PS;r]Gh lnld6]8df x'g] sf/f]jf/ d"No ghgfpg] ePsf]n] z]o/d"Nodf x'g ;Sg] kl/jt{gsf] hf]lvd /x]sf] 5 .
( ljlQo laj/0f -s_ ljQLo ljj/0f / tT;DaGwdf Aoj:yfkgsf] wf/0ff / ljZn]if0f -s_ sDkgLsf] n]vfkl/If0f ePsf] kl5Nnf] jif{sf] jf;nft, gfkmf gf]S;fg lx;fa, gfkmf gf]S;fg
afF8kmfF8 lx;fa / gub k|jfxsf] ljj/0f M jf;nft -@)&$ cfiff9 d;fGtsf]_ -?= xhf/df_
ljj/0f /sd
k'FhL tyf bfloTj z]o/xf]N8/x?sf] sf]if z]o/ k'FhL 420,000
hu]8f sf]if / ;+lrt gfkmf -17,453_
C0f bfloTj
;'/lIft bfloTj 792,615
rfn" bfloTj
5f]6f] cjlw ;fk6L 25,289
Aofkfl/s tyf cGo e'QmfgL ug{kg]{ /sd 155,474
Aoj:yfx? 2,326
hDdf 1,378,250
;DklQ
v"b l:y/ ;DklQ 1,357,827
nufgL –
rfn" k'FhLut sfo{
rfn" ;DklQ
lhG;L df}Hbft –
Aofkfl/s tyf cGo k|fKo /sd 16,678
gub tyf a}+s df}Hbft 3,745
clu|d e'QmfgL /sd / k]lZs
13
hDdf 1,378,250
gfkmf gf]S;fg lx;fa -@)&# >fj0f ! ut] b]lv @)&$ cfiff9 d;fGt ;Ddsf]_
-?=xhf/df_ ljj/0f /sd
ljqmL cfDbfgL 84,304
cGo cfDbfgL
hDdf cfDbfgL
lalqmsf] nfut 13,759
df]6fdf6L gfkmf 70,545
Jofj;foLs vr{
k|zf;sLo tyf ;fwf/0f vr{ 9,688
ljlQo vr{ 49,250
aLdf vr{
/f]oN6L
cfof]hgf dd{t vr{
x|f; vr{ 29,059
hDdf vr{ 87,997
sd{rf/L jf]g; tyf cfos/ Joj:yf cl3sf] gfkmf÷-gf]S;fg_ -17453_
sd{rf/L af]g; Joj:yf
s/ cl3sf] gfkmf ÷-gf]S;fg_ -17,453_
cfos/ Joj:yf
s/ kl5sf] v"b gfkmf ÷-gf]S;fg_ -17,453_
gfkmf gf]S;fg af+8kmf+8 lx;fj
ut aif{;Ddsf] ;+lrt gfkmf÷-gf]S;fg_ -16,987_
rfn' aif{sf] ;+lrt gfkmf÷-gf]S;fg_ -17,453_
hDdf ;+rfng cl3sf] gf]S;fgCapital WIP df;f/]sf]
-34,440_
16,987
;fwf/0f hu]8f sf]if k|:tfljt jf]g; cGo hu]8f sf]if
jf;nftdf ;f/]sf] ;+lrt gfkmf÷-gf]S;fg_ -17,453_
v_ ;+rfng cjlw tLg jif{ Aoltt eO;s]sf] cj:yfdf ljut tLg jif{sf] / tLg jif{ Aoltt eOg;s]sf] cj:yfdf
;+rfng cjlwe/sf] n]vfkl/If0f ePsf] gfkmf gf]S;fg af;nft ;lxtsf] ;lIfKt ljj/0f -;xfos sDkgL eP ;dli6s[t ?kdf_M
af;nft -?=xhf/df_
ljj/0f
n]vfkl/If0f ePsf] ckl/is[t
cf= j= @)&!÷)&@
cf= j= @)&@÷)&#
cf= j= @)&#÷)&$
cf= j= @)&$÷)&%
k"+hL tyf bfloTj
z]o/xf]N8/x?sf] sf]if z]o/ k'+hL 100,000 393,980 420,000 480,000
cu|Ld cu|flwsf/ z]o/ hDdf
hu]8f sf]if / ;+lrt gfkmf÷-gf]S;fg_ -10,732_ -16,987_ -17,453_ -15,036_
C0f bfloTj
;"/lIft bfloTj 276,345 739,057 792,615 721,264
rfn" bfloTj
5f]6f] cjlw ;fk6L 191,942 27,772 25,289 18,427
Aofkfl/s tyf cGo e"QmfgL ug"{kg]{ /sd 261,770 92,195 155,474 127,706
Aoj:yfx? 2,326 4,460
hDdf 819,325 1,236,017 1,378,250 1,336,821
14
;DklQ l:y/ ;DklQ v'b 281 210 1,357,827 1,313,670
rfn" ;DklQ lhG;L df}Hbft – – - Aofkfl/s tyf cGo k|fKo /sd 782,777 1,231,223 clu|d e"QmfgL /sd / k]ZsL 34,307 3,609 16,678 21,666
gub tyf a}+s df}Hbft 1,960 975 3,745 1,485
ckn]vg ug{ aFfls vr{ – – -hDdf 819,325 1,236,017 1,378,250 1,336,821
gfkmf - gf]S;fg lx;fa (?=xhf/df_
ljj/0f n]vfkl/If0f ePsf ckl/is[t
cf= j= @)&!÷)&@
cf= j= @)&@÷)&#
cf= j= @)&#÷)&$
cf= j= @)&$÷)&%
ljqmL cfDbfgL – – 84,304 1,62,983
cGo cfDbfgL – – – 256 hDdf cfDbfgL – – 84,304 1,63,239
lalqmsf] nfut – – 13,759 10,891
df]6fdf]6L gfkmf – – 70,545 152,348
Jofj;foLs vr{
k|zf;sLo tyf ;fwf/0f vr{ 5,551 6,184 9,688 12,768
a}+s Jofh vr{ – – 49,250 90,389
x|f; vr{ 108 71 29,059 46,774
hDdf vr{ 5,659 6,255 87,997 149,931
sd{rf/L jf]g; tyf cfos/ Joj:yf cl3sf] gfkmf÷ -gf]S;fg_ -5,659_ -6,255_ -17,453_ 2,417
sd{rf/L af]g; Joj:yf – – – -s/ cl3sf] gfkmf ÷-gf]S;fg_ -5,659_ -6,255_ -17,453_ 2,417
cfos/ Joj:yf – – – -s/ kl5sf] v"b gfkmf ÷-gf]S;fg_ -5,659_ -6,255_ -17,453_ 2,417
gfkmf gf]S;fg af+F8kmfF8 lx;fj ut aif{;Ddsf] ;+lrt gfkmf÷-gf]S;fg_ -5,273_ -10,732_ -16,987_ -17,453_
hDdf -34,440_ -15,036_
;+rfng cl3sf] gf]S;fgCapital WIP df;f/]sf] 16,987 -;fwf/0f hu]8f sf]if – – – –k|:tfljt jf]g; cGohu]8f sf]if
– – – –
jf;nftdf ;f/]sf] ;+lrt gfkmf÷-gf]S;fg_ -10,732_ -16,987_ -17,453_ -15,036_
gf]6M cfly{s aif{ @)&@÷)&# ;Ddsf] gfkmf gf]S;fg lx;fa nfO{ cfof]hgf vr{df ;dfof]hg ul/Psf] 5 .cf j @)&$÷&% sf] ciff9 d;fGt;Ddsf] Joj:yfkgaf6 k|dfl0ft ckl/is[t ljlQo ljj/0f . u_ cfly{s jif{ ;dfKt ePsf] ^ dlxgf kZrft ljj/0fkq l:js[ltsf] nflu k]z u/]df pQm cGtl/d
cjlwsf] nflu n]vfk/LIfsaf6 k|dfl0ft u/]sf] ckl/is[t ljlQo ljj/0f M @)&$ >fj0f ! ut] b]lv @)&% ciff9 d;fGt;Ddsf] jf;nft
-?=xhf/df_
ljj/0f @)&$÷)&%
k'FhL tyf bfloTj
z]o/xf]N8/x?sf] sf]if
z]o/ kF'+hL 480,000
cu|Ld cu|flwsf/ z]o/ hDdf
hu]8f sf]if / ;+lrt gfkmf÷-gf]S;fg_ -15,036_
15
C0f bfloTj
;'/lIft bfloTj 721,264
rfn" bfloTj 5f]6f] cjlw ;fk6L 18,427
Aofkfl/s tyf cGo e'QmfgL ug'{kg]{ /sd 127,706
Aoj:yfx? 4,460
hDdf 1,336,821
;DklQ
l:y/ ;DklQ v'b 1,313,670
rfn" ;DklQ - lhG;L df}Hbft - Aofkfl/s tyf cGo k|fKo /sd - clu|d e'QmfgL /sd / k]ZsL 21,667
gub tyf a}+s df}Hbft 1,485
ckn]vg ug{ afFsL vr{ -hDdf 1,336,821
@)&$ >fj0f ! ut] b]lv @)&% cfiff9 d;fGt;Ddsf] gfkmf–gf]S;fg lx;fa (?=xhf/df_
ljj/0f
@)&$÷)&%
ljqmL cfDbfgL 1,62,983
cGo cfDbfgL 256
hDdf cfDbfgL 1,63,239
lalqmsf] nfut 10,891
df]6fdf]6L gfkmf 152,348
Jofj;foLs vr{
k|zf;sLo tyf ;fwf/0f vr{ 12,768
a}+s Jofh vr{ 90,389
x|f; vr{ 46,774
hDdf vr{ 149,931
sd{rf/L jf]g; tyf cfos/ Joj:yf cl3sf] gfkmf÷-gf]S;fg_ 2,417
sd{rf/L af]g; Joj:yf -s/ cl3sf] gfkmf ÷-gf]S;fg_ 2,417
cfos/ Joj:yf -s/ kl5sf] v"b gfkmf ÷-gf]S;fg_ 2,417
gfkmf gf]S;fg afF8kmfF8 lx;fj
ut aif{;Ddsf] ;+lrt gfkmf÷-gf]S;fg_ -17,453_
hDdf -15,036_
;+rfng cl3sf] gf]S;fgCapital WIP df;f/]sf] -;fwf/0f‘hu8f sf]if –k|:tfljt jf]g; –cGohu]8f sf]if –
jf;nftdf ;f/]sf] ;+lrt gfkmf÷-gf]S;fg_ -15,036_
-3_ cfDbfgL / vr{ lx;fjsf] s'g} zLif{sdf 7'nf] dfqfdf kl/jt{g ePdf To;sf] ljZn]if0ffTds sf/0f M gePsf] .
-ª_ kl5Nnf] ljQLo ljj/0fsf] n]vfk/LIf0f eP kZrft ;+ul7t ;+:yfsf] sf/f]af/, gfkmf gf]S;fg, ;DklQsf] d"No jf cfufdL !@ dlxgfsf] bfloTj e'QmfgLdf c;/ kg]{ u/L s'g} cj:yf l;h{gf ePsf] 5÷5}g ;f] ;DaGwdf ;+rfnsx?sf] wf/0ff M ;f] gePsf] .
-r_ cfly{s jif{ ;dfKt ePkl5 ljj/0fkq k]z u/]df, ljj/0fkq k]z u/]sf] ldltaf6 :jLs[tL x'g] ldlt;Dddf jf;nftsf] ldlt kl5sf] 36gfsf] jf/]df 5'§} hfgsf/L ljj/0fkqdf ;dfj]z ug'{kg]{ M ;f] gePsf] .
-5_ ljut % jif{df ;DklQsf] k'gd"{Nof+sg ul/Psf] 5÷5}g, olb ul/Psf] eP
16
-c_ ;DklQsf] ljj/0f, -cf_ ;DklQsf] k"gd"{Nof+sg cl3 / kl5sf] lstfjL d"No, -O_ k"gd"{Nof+sgsf] cf}lrTo,ljut % jif{df ;DklQsf] k'gd"{Nof+sg ul/Psf] 5}g . -h_ cfufdL tLg jif{sf] k|If]lkt jf;nft, gfkmf gf]S;fg lx;fasf ;fy} To;sf u0fgfsf] cfwf/x?,
jf;nft -?=xhf/df_
gfkmf gf]S;fg lx;fa (?=xhf/df_
ljj/0f
k|If]lkt
cf= j= @)&%÷)&^
cf= j= @)&^÷)&&
cf= j= @)&&÷)&*
ljqmL cfDbfgL 198,868 204,669 210,362
lalqmsf] nfut 10,467 10,877 11,300
df]6fdf]6L gfkmf 188,401 193,792 199,062
Jofj;foLs vr{x?
k|zf;sLo tyf ;fwf/0f vr{ 11,325 10,440 10,961
a}+s Aofh vr{ 79,351 69,662 59,969
x|f; vr{ 46,814 46,684 46,581
sd{rf/L jf]g; tyf cfos/ Joj:yf cl3sf] gfkmf÷-gf]S;fg_ 50,912 67,007 81,550
sd{rf/L af]g; Joj:yf 998 1,314 1,599
s/ cl3sf] gfkmf ÷-gf]S;fg_ 49,913 65,693 79,951
cfos/ Aoj:yf – – – s/ kl5sf] v"b gfkmf ÷-gf]S;fg_ 49,913 65,693 79,951
gfkmf gf]S;fg afF8kmfF8 lx;fj – – – ut aif{;Ddsf] ;+lrt gfkmf÷-gf]S;fg_ -15,036_ 4,878 7,571
rfn" aif{sf] ;+lrt gfkmf÷-gf]S;fg_ 49,913 65,693 79,951
hDdf 34,878 70,571 87,522
;fwf/0f hu]8f sf]if – – – k|:tfljt gub nfefF; – 31,500 33,075
ljj/0f
k|If]lkt
cf= j= @)&%÷)&^
cf= j= @)&^÷)&&
cf= j= @)&&÷)&*
k"+hL tyf bfloTj z]o/xf]N8/x?sf] sf]if z]o/ k'+hL 630,000 661,500 694,575
z]o/ lk|ldod - - -hu]8f sf]if / ;+lrt gfkmf÷gf]S;fg 4,878 7,571 21,372
C0f bfloTj
;"/lIft bfloTj 635,305 549,320 463,299
Rfn" bfloTj
5f]6f] cjlw ;fk6L 15,000 15,000 15,000
Jofkfl/s tyf cGo e'QmfgL ug'{kg]{ /sd 7,774 9,053 4,458
Joj:yfx? 4,577 4,693 4,807
hDdf 1,297,534 1,247,137 1,203,510
;DklQ
l:y/ ;DklQ v'b 1,266,856 1,220,172 1,173,590
rfn" k+'FhLut sfo{ - - -nufgL - - -cfof]hgf ljsf; vr{ - - -rfn" ;DklQ lhG;L df}Hbft - - - Aofkfl/s tyf cGo k|fKo /sd 25,483 26,361 27,309
gub tyf a}+s df}Hbft 5,196 605 2,612
clu|d e"QmfgL /sd / cGo k]ZsL - - -hDdf 1,297,534 1,247,137 1,203,510
17
k|:tfljt z]o/ nfefF; 30,000 31,500 33,075 k"FhLut vr{df ;f/]sf] – – –
jf;nftdf ;f/]sf] ;+lrt gfkmf÷-gf]S;fg_ 4,878 7,571 21,372
sDkgLsf] ljQLo k|If]k0f sDkgL cfkmF}}n] tof/ u/]sf] xf] . oL ljj/0fx? cf}lrTok"0f{ / oyfy{k/s /x]sf] k|dfl0ft ug]{ ljz]if1df >L s]=lj= lrqsf/ P08 Pzf]l;P6\;sf rf6{8{ Psfp06]06 >L c?0f n'O{6]n/xg' ePsf] 5 .
k|If]lkt ul/Psf] ljlQo ljj/0fx?sf] u0fgfsf] cfwf/x? b]xfo jdf]lhd /x]sf] 5 M– l;= g++
ljj/0f
cf= j= @)&$÷)&%
cf= j= @)&%÷)&^
cf= j= @)&^÷)&&
cf= j= @)&&÷)&*
!= cfDbfgL a[l4 k|ltzt 93.33% 22.02% 2.92% 2.78% @= k|zf;lgs vr{ k|ltzt 7.94% 7.65% 7.58% 8.51% #= shf{df cf}ift Aofh k|ltzt 11.61% 11.42% 11.47% 11.50%
!_ laB't laqmLaf6 k|fKt cfo u0fgf ubf{ ljB't s]Gb|af6 ljB't vl/b ljqmL ;Demf}tfsf] lgwf{l/t ljB't zlQm (deemed energy) pTkfbg ug{ ztk|ltzt Ifdtfdf rNg] cfwf/ lnO{ ul/Psf] 5.
@_ ljB'tsf] Aofkf/Ls pTkfbg ldlt @)&#÷)*÷!#ut]b]lv ePsf] cfwf/ lnOPsf] 5 . #_ cfos/ !) aif{;Dd k'/} 5'6 tyf % aif{;Dd %) k|ltzt 5'6 ePsf]n] ;f]xL adf]lhd pNn]v
ul/Psf]5 . $_ k|If]lkt ul/Psf] cf=j= df g]kfn ;/sf/nfO{ ltl/g] /f]oN6L vr{ s'n cfDbfgLsf] @% u0fgf ul/Psf] 5 . %_ sfof{no k|zf;lgs vr{ cf=a=@)&$÷)&% df &=($%, cf=j= @)&%÷)&^ df &=^%%, cf=j=
@)&^÷)&&df &=%*%tyf cf=a= @)&&÷)&* df *=%!%u0fgf ul/Psf] 5 . ^_ sDkgLn] cfufdL % jif{;Ddsf] nflu yk shf{ glng] of]hgf /x]sf] 5 . &_ cf=j= @)&@/&# sf] s"n ;+lrt gf]S;fgL /sd ?=!^,(*&,!!%/- nfO{ cf=j=@)&#/&$ df k"FhLut
ul/Psf] 5 . *_ Aoj;fo ;+rfngdf cfPsf] ldlt @)&# d+l;/ !# ut];Ddsf] ;j} vr{x? cfof]hgf k"FhLut sfo{
k|ultdf /sdfGt/0f ul/Psf] / ;f]xL ldltdf pQm cfof]hgf k"FhLut sfo{ k|ult lzif{sdf /x]sf] ;Dk"0f{ /sd cfof]hgf ljsf; vr{ lzif{s cGtu{tl:y/ ;Dkltdf /sdfGt/0ful/Psf] 5 .
-v_ ljQLo cg'kft ;DaGwL ljj/0fM s_ ;+rfng cjlw tLg jif{ JotLt e};s]sf] cj:yfdf ljut tLg aif{sf] / tLg aif{ JotLt
e}g;s]sf] cj:yfdf ;+rfng cjlwsf] tyf cfufdL tLg jif{sf] k|If]lkt k|lt z]o/ cfDbfgL -EPS_ tyf k|lt z]o/ g]6jy{ lgDgfg';f/ 5 .
ljj/0f n]vfkl/If0f ePsf] ckl/is[t k|If]lkt cfo jif{ cf= j=
@)&!÷)&@ cf= j=
@)&@÷)&#cf= j=
@)&#÷)&$ cf= j=
@)&$÷@)&%cf= j=
@)&%÷)&^ cf= j=
@)&^÷)&&cf= j=
@)&&÷)&*k|lt z]o/ cfDbfgL -5=66_ -1=59_ -4=16_ 0=50 7=92 9=93 11=51
k|lt z]o/ g]6jy{ -?=_ 89=27 95=69 95=84 96=87 100=77 101=14 103=08
v_ ljut # jif{sf] g]6jy{df ePsf] cf}ift k|ltkmnM -?=xhf/df_
ljj/0f
n]vfkl/If0f ePsf] ckl/is[t k|If]lkt cf= j=
@)&!÷)&@ cf= j=
@)&@÷)&#cf= j=
@)&#÷)&$cf= j=
@)&$÷@)&%cf= j=
@)&%÷)&^ cf= j=
@)&^÷)&&cf= j=
@)&&÷)&*
;fwf/0f k'hL 100,000 393,980 420,000 480,000 630,000 661,500 694,575
cu|flwsf/ z]o/ – – – – – – –;+lrt gfkmf gf]S;fg -10,732_ -16,987_ -17,453_ -15,036_ 4,878 7,571 21,372
Go'gM – – – – – – –ckn]vg x'g af+sL – – – – – – –v'b ;Dklt -g]6jy{_ 89,268 376,993 402,547 475,122 634,878 669,071 715,947 z]o/ ;+Vof -xhf/df_ 1,000 3,940 4,200 4,800 6,300 6,615 6,945=75
k|lt z]o/ g]6jy{ -?=_ 89=27 95=69 95=84 96=87 100=77 101=14 103=08
g]6jy{df cf}ift k|ltkmn - - - - 0=77 1=14 3=08
k|lt z]o/ cfDbfgL -5=66_ -1=59_ -4=16_ 0=50 7=92 9=93 11=51
k|lt z]o/ r'Qmf d'No -?=_ 100 100 100 100 100 100 100
lgisf;g k"j{sf] k|lt z]o/ cfDbfgL sfod /fVg a[l4 x'g] g]6jy{df cfjZos k|ltkmn M
18
sDkgLsf] ljQLo k|If]k0f sDkgL cfkmF}}n] tof/ u/]sf] xf] . oL ljj/0fx? cf}lrTok"0f{ / oyfy{k/s /x]sf] k|dfl0ft ug]{ljz]if1df >L s]=lj= lrqsf/ P08 Pzf]l;P6\;sf rf6{8{ Psfp06]06 >L c?0f n'O{6]n /xg' ePsf] 5 . !) lwtf]kq lgisf;g ;DjlGw laj/0fM
-s_ lwtf]kq hf/L ug'{sf] p2]ZoM
sDkgLsf] k|aGw–kq tyf lgodfjnLdf ePsf] Aoj:yf cg';f/ cfof]hgf k|efljt If]qsf afl;Gbfx? tyf ;j{;fwf/0fx?sf] nflu ?=!*,)),)),)))÷–/sd a/fj/ k|lt z]o/ c+lst d"No ?=!))÷– sf] !*,)),))) lsQf ;fwf/0f z]o/ ;j{;fwf/0fx?sf] lgldQ 5'§\ofOPsf] 5 . h; dWo]cfof]hgf k|efljt If]qsf afl;Gbfx?sf nflu !)% cyf{t ^,)),))) lsQf z]o/ lgisf;g eO{ afF8kmfF6 eO{;s]sf] 5 . o; ljj/0fkq dfkm{t hf/L k"FhLsf] @) k|ltzt cyf{t !@,)),))) lsQf ;fwf/0f z]o/df ;j{;fwf/0fnfO{ ;d]t ;xeflutf u/fO{ lghx?nfO{ nufgLsf]] cj;/ lbg'sf ;fy} sDkgLsf] shf{ e'QmfgLsf] p2]Zo /x]sf]5.
-v_ lwtf]kq lgisf;gaf6 k|fKt k"FhLsf] pkof]u M
-s_ lgisf;gaf6 k|fKt x'g] s"n /sdnfO{ s;/L / s'g If]qdf k|of]u ul/g] 5, tT;DaGwL ljj/0f M lgisflzt /sd tklzn adf]lhd ljj/0fx?df k|of]u ul/g]5 .
l;=g+= ljj/0f /sd -?=_ ! cfof]hgf lgdf{0f ubf{ ePsf] vr{ dWo] e'QmfgL ug{ afFsL 7]s]bf/x?nfO{ e'QmfgL (,)),)),)))@ cfof]hgf lgdf{0f ubf{ ;dfg ;Knfo;{nfO{ e'QmfgL lbg afFsL e'QmfgL #,)),)),))) hDdf !@,)),)),)))
lb3{sflng shf{sf] ljj/0f M
shf{ lbPsf] /sd M?=*@^,*)&,!^!=#& e'QmfgL ePsf] /sd M ?=-105,542,843.37_
@)&% cfiff9 d;fGt;Ddsf] cjlwdf afFsL /sdM ?=&@!,@^$,#!*/- o;/L k|To]s jif{ shf{ e'QmfgL ub{} uP kl5 (=%$ jif{leqdf shf{ e'QmfgLsf] ;dofjlw ;dfKt x'g]5 .
-v_ ;fj{hlgs lgisf;g ul/g] lwtf]kq k"0f{ ?kdf ljqmL gePdf ;fj{hlgs lgisf;gsf] nflu p2]Zo k|fKtL ug{sf] nflu ckgfOg] a}slNks Joj:yf McGo hnljB't sDkgLn] z]o/ lgisf;g ubf{ ljutdf dfueGbf a9L z]o/sf] nflu b/vf:t k/L z]o/ sf/f]af/ ;d]t eO{ ;s]sf]5 . sy+sbflrt lgisf;g ul/g] z]o/ k"0f{?kdf vl/b gePdf o; ljj/0fkq dfkm{t lgisf;g x'g] z]o/sf] !)) k|ltzt z]o/sf nflu z]o/ k|Tofe"tL ul/ ;lsPsf] 5 .
-u_ cfof]hgfsf] ;+rfng :yfg, cfof]hgf r/0fa4 ?kdf sfof{Gjog ul/g] eP k|To]s r/0fdf nfUg] vr{, s'g} r/0f ;dfKt e};s]sf] eP ;f] ;DaGwL ljj/0f pNn]v ug'{ kg]{ Mo; sDkgLaf6 uf]/vf lhNnfsf] d'Rrf]s / ;f}/kfgL uf=lj=;=x? ljr eP/ jxg] b/f}bL vf]nfdf cfof]hgf lgdf{0f sfo{ ;DkGg eO{ ldlt @)&#÷)*÷!@ ut]af6 ;+rfngdf /x]sf] 5 .
-3_ cfof]hgf ;DkGg x'g], kl/If0f pTkfbg z'? x'g] / k"0f{ Aoj;flos pTkfbg z'? x'g] cg'dflgt ldlt pNn]v ug'{ kg]{ M cfof]hgf lgdf{0f sfo{ ;DkGg eO{ ldlt @)&#÷)*÷!@ ut]af6 ;+rfngdf /x]sf] 5 .
-ª_ ;+ul7t ;+:yfn] s'g} pks/0f vl/b u/]sf] jf ug{ nfu]sf] eP pQm pks/0fsf] d'No jf k|:tfljt d"No, ;Knfo;{sf] gfd / ;Knfo;{;+u ;Demf}tf ePsf] eP ;f] sf] d"Vo d"Vo a"+bfx? M Andritz Hydro Pvt. Ltd, India ;+u sl/j ?=!! s/f]8df On]S6«f] d]sflgsn d]l;g vl/b ul/Psf] 5 .
-r_ s'g} kf6L{;+u k|ltlnlk clwsf/, 6«]8dfs{, Ohfhtkq, /f]oN6L, ;xsfo{ ;DaGwdf jf ljQLo jf k|fljlws ;Demf}tf ul/Psf] eP ;f] sf] k|d'v zt{x? / kf6L{sf] gfd, 7]ufgf ;DaGwL lj:t[t ljj/0f M ;Demf}tf gul/Psf] .
-5_ pTkfbg ;DaGwL cfof]hgf eP, ;f] sf] k|s[tL, k|of]ustf{, k|lt:kwf{, nlIft ;d"x, pTkfbg Ifdtf, ljutsf aif{x?sf] Ifdtf pkef]u jf eljiodf ul/g] Ifdtf pkef]u ;DaGwL ljj/0f M sDkgLaf6 lgdf{0f ;DkGg eO{ ;+rfngdf /x]sf] hnljB't cfof]hgfsf] laB't pTkfbg Ifdtf ^,)))ls=jf= /x]sf] 5 .
-h_ cfof]hgfsf] nflu cfjZos sRrf kbfy{sf] pknAwtf / To;sf] >f]t M uf]/vf lhNnfsf] d'Rrf]s / ;f}/kfgLuf=lj=; x? jLr eP/ jxg] b/f}bLvf]nfsf] kfgL .
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-em_ cfof]hgfsf] nflu cfjZos x'g] ljB't, kfgL, Uof;sf] dfqf / To;sf] >f]t M uf]/vf lhNnfsf] d'Rrf]s / ;f}/kfgLuf=lj=; x? jLr eP/ jxg] b/f}bL vf]nfsf] kfgL .
-`_ ;fj{hlgs lgisfzgsf] nflu ul/g] vr{ k|d'v ?kdf b]xfodf pNn]lvt kIfx?nfO{ lbg] z'Nsx? 5'§f5'§} ?kdf k|:t't ug'{kg]{ .
c_ lgisf;g tyf ljqmL k|aGwsnfO{lbOg] z'Ns M ?=$%),))).— cf_ 6«li6 -l8a]Gr/ lgisfzgsf] xsdf_ M lgisfzg ul/g] l8a]Gr/ geO{ ;fwf/0f z]o/ ePsf]n] 6«li6
/fVg' gkg]{ . O_ k|Tofe'ltstf{ z'Ns M ?=@%),))).— O{_ lj1x?sf] kfl/>lds jf ;]jf z'Ns M 5}g . p_ n]vfkl/Ifssf] z'Ns M cg'dflgt cfly{s ljj/0f k|dfl0ft u/] afkt z'Ns
?=@%,)))÷—-s/ afx]s_ pm_ b/vf:t tyf /sd ;+sng u/]jfkt ltg'{ kg]{
;]jf z'Ns M z]o/ lgisf;g tyf ljqmL ubf{ k|fKt x'g] b/vf:t ;+Vof,
;+slnt /sd z]o/ tyf afF8kmfF6sf] cfwf/df ;+´f}tf adf]lhd x'g] /sd .
-u_ ;fj{hlgs lgisf;gaf6 k|fKt /sdnfO{ kl/of]hgfdf k|of]u ug'{ k"j{ cGo s'g} Aoj:yf ug{ nfluPsf] 5 eg] tT;DjGwL laj/0f M 5}g .
-3_ lk|ldoddf lwtf]kq hf/L ug'{ kg]{ ePdf -sf/0f / cf}lrTo_MgePsf] .
-ª_ lwtf]kqsf] afF8kmfF+6, lkmtf{ e'QmfgL tyf ;"rLs/0f ;DaGwL Joj:yf M !_ cTolws dfu jf Go"g dfu ePsf] cj:yfdf afF8kmF+f6sf] k|s[of M o; ljj/0f kq dfk{mt hf/L ul/Psf] ;fwf/0f z]o/sf] nflu k|fKt cfj]bgx? lwtf]kq lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$ df ePsf] k|fjwfg cg';f/ cfj]bsx?df lwtf]kq afF8kmfF6 ul/g]5 . o;/L afF8kmfF6 eP kZrft\ k|rlnt lwtf]kq btf{ tyf lgisf;g ;DalGw Joj:yf cg';f/ lgwf{l/t cjlwleq afF8kmFf6df k/]sf z]o/wgLx?nfO{ ;fj{hlgs ;"rgf dfk{mt hfgsf/L u/fO{ gk/]sf] /sd lkmtf{ e'QmfgL tyf afF8kmfF6df k/]sf z]o/x? g]kfn :6s PS;r]Gh lnld6]8 / l;l8P; P08 lSnol/ª lnld6]8df ;"lrs/0f kZrft lghx?sf] lxtu|fxL vftfdf hDdf ul/g]5 . o; ljj/0f kq dfkm{t lgisf;g ug{ nfluPsf] !@,)),))) lsQf ;fwf/0f z]o/dWo] @Ü cyf{t @$,))) lsQf ;fwf/0f z]o/x? sDkgLsf] ;]jfdf /x]sf sd{rf/Lx?sf] nflu -Ps b]lv krf; hgf sd{rf/L ePsf] cg';f/ lx;fj ul/Psf]_ ;'/lIft ul/Psf] tyf %Ü cyf{t ^),))) lsQf ;fwf/0f z]o/x? ;fd'lxs nufgL sf]ifx?sf nflu ;'/lIft ul/Psf] / afFsL !!,!^,))) lsQf z]o/x? ;j{;fwf/0fnfO{ ;fj{hlgs lgisf;g u/L laqmL ljt/0f ul/g]5 .
@_ cTolws dfu ePsf] jf afF8kmfF6 gePsf] cj:yfdf lkmtf{ e'QmfgL ;DjGwL Aoj:yf M z]o/ afktsf] cfj]bg lng] sfo{ lwtf]kqsf] ;fj{hlgs lgisfzgsf] lwtf]kq vl/b -;fj{hlgs lgisf;g_ ;DalGw lgb{]lzsf, @)&# df ePsf] Joj:yf adf]lhd ;xefuL a}+s tyf ljQLo ;+:yfaf6 x'g]5 . pQm lgb]{lzsfdf ePsf] Joj:yf cg';f/ afF8kmfF6sf] ljj/0fsf] cfwf/df cfj]bssf] vftfdf /f]Ssf /x]sf] /sd dWo] afF8kmfF6df k/]sf] /sd /sdfGt/ u/L af+sL /sd km's'jf ul/g]5 .
#_ lgj]bg ;fy k|fKt /sdsf] lkmtf{ e'QmfgLdf l9nfO{ ePdf lbOg] Aofhb/ M lwtf]kq lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$ n] lgwf{l/t u/]sf] ;doleq z]o/sf] afF8kmfF6 kq tyf /sd lkmtf{ e'QmfgL lbg g;lsPdf ælwtf]kq lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$Æ sf] bkmf @(-#_ df ePsf] Aoa:yf adf]lhd z]o/ laqmL aGb ePsf] ldltb]lv /sd lkmtf{ e'QmfgL lbg z'? u/]sf] cl3Nnf] lbg;Ddsf] ;/sf/L C0fkqsf] k|rlnt clGtd Jofhb/sf] cfwf/df x'g cfpg] Jofh ;lxt lx;fj u/L /sd lkmtf{ e'QmfgL ul/g] Joj:yf /x]sf]df o; lgisf;gdf lwtf]kq vl/b -;fj{hlgs lgisf;g_ ;DaGwL lgb]{lzsf, @)&# - cfZjf_ n] u/]sf] Joj:yf adf]lhd cfj]bg dfu ug'{kg]{ ePsf]n] cfj]bss} a}+s vftfdf /sd /f]Ssf x'g] Joj:yf /x]sf] 5 .
$_ lwtf]kqsf] afF8kmfF6 tyf k|df0fkq hf/L ;DjGwL k|s[of / ;dofjwL M lgisf;g ul/g] ;fwf/0f z]o/ k|rlnt lwtf]kq lgisf;g tyf afF8kmfF6 lgb]{lzsf, @)&$ tyf k|rlnt z]o/ afF8kmfF6 ;DjGwL Joj:yf cg';f/ ;fwf/0f z]o/sf] afF8kmfF6 u/L ;"lrs/0f eP kZrft lwtf]kq s]Gb|Lo lgIf]k ;]jf lgodfjnL, @)^& sf] lgod @$-&_ adf]lhd ;DaGwLt z]o/wgLsf] lxtu|fxL vftfdf cef}lts ?kdf z]o/ hDdf ul/g]5 .
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%_ lwtf]kq ;"lrs/0f e};s]sf] eP, To:tf] lwtf]kq ;"lrs/0f ul/Psf] lwtf]kq ahf/sf] gfd / lwtf]kq sf/f]jf/ z'? x'gsf] nflu ;+ul7t ;+:yfn] k"/f ug'{kg]{ zt{x? ;DalGw ljj/0f M ;f] gePsf] .
^_ lwtf]kq ;"rLs/0f e}g;s]sf] eP, ;+ul7t ;+:yfn] lgisf;g tyf ljqmL ul/g] lwtf]kqx? k|rlnt P]g, lgod cg';f/ ;xh vl/b ljqmL jf ljlgdo x'g ;Sg] u/fpgsf nflu ul/g] Aoj:yf ;DaGwL ljj/0fM lgisf;g ul/g] ;fwf/0f z]o/sf] afF8kmfF6 kZrft k|rlnt lwtf]kq ;DaGwL sfg"gdf ePsf] Aoj:yf cg';f/ lgwf{l/t cjlwleq ;j{;fwf/0fnfO{ ;fj{hlgs lgisf;g ul/g] lwtf]kq tyf pBf]u k|efljt If]qsf afl;Gbfx?nfO{ lgisf;g ul/Psf] ;fwf/0f z]o/ ;"lrs/0f u/fO{ z]o/ vl/b/laqmLsf] Joj:yf ldnfOg] 5 .
-r_ k|Tofe"tL ;DaGwL ljj/0fM
s_ lwtf]kq k|Tofe"lt ug]{ ;+ul7t ;+:yfsf] gfd, 7]ufgf / k|Tofe"lt ug]{ lwtf]kqsf] ;+Vof //sd M
-s_ k|Tofe"lt ug]{ ;+ul7t ;+:yfsf] gfdM >L ;fgLdf Soflk6n lnld6]8, gS;fn, sf7df08f}+ .
-v_ 7]ufgfM gS;fn,sf7df08f} .
-u_ lwtf]kqsf] ;+VofM?=!)) c+lst b/sf !*,)),))) lsQf
-3_ /sdM?=!*,)),)),)))÷–-c7f/ s/f]8 dfq_
-ª_ ;Demf}tf ldltM@)&$ d+l;/ !! ut]-yk cjlwsf nflu ldlt @)&% h]i7 !) ut] ;Demf}tf ePsf]_ . -r_ k|Tofe"lt ul/Psf] !*,)),))) lsQf z]o/ h; dWo] cfof]hgf k|efljt If]qsf afl;Gbfx?sf nflu !)%cyf{t ^,)),))) lsQf z]o/ lgisf;g eO{ afF8kmfF6 ;d]t eO{;s]sf] 5 .
v_ lwtf]kq k|Tofe"ltstf{;Fu ul/Psf] ;Demf}tfsf] d'Vo d'Vo aF"bfx? M
o; ljj/0f dfkm{t lgisf;g ug{ nfluPsf] lwtf]kqsf] k|Tofe"ltstf{;Fu ePsf] d'Vo aF'bfx? b]xfo adf]lhd /x]sf] 5 .
-s_ k|Tofe"ltstf{n] !*,)),))) lsQf z]o/x?sf] nflu k|Tofe"lt ;]jf k|bfg u/]sf] 5 . -v_ k|Tofe"ltstf{nfO{ k|Tofe"lt ;]jf k|bfg u/] jfkt sDkgLn] ?= @,%),)))÷– -?k}of
b'O{ nfv krf; xhf/ dfq_ k|bfg ug]{5 . -u_ ;j{;fwf/0faf6 z]o/ sd vl/b ePsf] l:yltdf k|Tofe"ltstf{n] z]o/ afF8kmfF6
ePsf] ldltn] & lbgleqdf k|Tofe"t u/LPsf] z]o/sf] /sd sDkgLnfO{ k|bfg ug{]5 . -3_ o; ;Demf}tfkqdf x:tfIf/ ePsf] ldltn] Ps -yk ;d]t_ jif{sf] cjlw;Dd o;
;Demf}tfkqdfGo x'g]5. -ª_ of] ;Demf}tfkqsf] JofVofdf s'g} ljjfb jf lje]b pTkGg ePdf cfk;L ;xdltaf6
;dfwfg u/Lg] 5 . olb dWo:ytf cfjZos k/]df Pscfk;af6 :jLsf/ ul/Psf dWo:tstf{ lgo'Qm u/Lg]5 h;sf] lg0f{o b'j} kIfsf nflu clGtd / afWosf/L x'g]5 . sDkgL / k|Tofe"ltstf{n] ;dfg cg'kftdf dWo:tstf{ ;DaGwL ;a} vr{x? ;+o'Qm ?kdf a]xf]g{]5 .
-5_ cfj]bg lb+bf Wofg lbg'kg]{ s'/fx?M -s_ lwtf]kqjfnfsf] clwsf/ tyf k|ltaGwfTds Joj:yfx? h:t} dtflwsf/, nfef+z, xsk|b
z]o/, lwtf]kqjfnfsf] clwsf/df kl/jt{g ug]{ k|s[of tyf lwtf]kqsf] vf/]hL cflb ;DaGwL ljj/0f,
s_ o; ljj/0fkq dfkm{t lgisf;g ul/g] ;fwf/0f z]o/x? afF8kmfF6 u/] kZrft sfod x'g] z]o/wgLx?n] dfq ;j{;fwf/0f z]o/wgLx?sf] tkm{af6 lgjf{lrt x'g] ;~rfnsx?sf] lgjf{rgdf efu lnO{ dtbfg ug{ kfpg]5g\ .
v_ k|rlntsDkgL sfg'g tyf g]kfn lwtf]kq af]8{sf] af]g; z]o/ ;DaGwL lgb]{lzsfsf] clwgdf /xL o; sDkgLn] cfh{g u/]sf] d'gfkmfaf6 af]g; z]o/ jf nfef+z ljt/0f ug{ ;Sg]5 / cfjZostf cg';f/ g]kfn lwtf]kq af]8{ tyf cGo ;DaGwLt lgodg lgsfosf] :jLs[tL lnO{ xsk|b z]o/ ;d]t hf/L ug{ ;Sg]5 .
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v_ sDkgLsf] k|jGw–kq tyf lgodfjnL tyf ljj/0f–kq k|fKt ug{ jf x]g{ ;Sg] 7fFp M
sfof{no ;doleq lgDglnlvt :yfgx?af6sDkgLsf] k|aGwkq tyf lgodfjnL / ljj/0f kq lg/LIf0f ug{ ;lsg]5 .
• sDkgLsf] /lhi68{ sfof{no, gf/fo0fL c~rn, lrtjg lhNnf e/tk'/ pk d=g=kf j8f g+= !), lrtjg .
• lwtf]kq lgisf;g tyf laqmL k|jGws —sf7df08f}} Soflk6n dfs]{6 lnld6]8, sdnfbL, sf7df08f} .
• ;x—lgisf;g tyf lalqm k|aGws—Unf]an cfOPdO{ SofkL6n lnld6]8,hdn, sf7df08f}+.
u_ cfj]bg lb+bf kfngf ug{'kg]{ zt{ aGb]hx? M != s'g} klg g]kfnL gful/sn] :jLs[t ljj/0fkq dfkm{t hf/L ul/g] ;fwf/0f z]o/
vl/b ug{sf] nflu b/vf:t lbg rfxg]x?n] g]kfn lwtf]kq af]8{af6 cg'dlt lnO{ lwtf]kqsf] ;fj{hlgs lgisfzgsf] s]lGb|s[t ljB'tLo ;]jf ;DaGwL sfo{ ;~rfng lgb]{lzsf, @)&$ adf]lhd ;fj{hlgs lgisfzgdf Centralized Application for ASBA Based Issuance (CASBA)k|0ffnL dfkm{t cfj]bg ;+sng ug{ cfjå cf:jf ;]jfdf ;xeflu a}+s tyf ljlQo ;+:yf tyf ltgsf zfvf sfof{noaf6 cfj]bg lbg ;Sg]5g\ . o;/L cfj]bg lng ;Sg] a}+s tyf ljlQo ;+:yfsf] ljj/0f l;l8P; P08 lSnol/Ë lnld6]8n] cfˆgf] j]j ;fO6 www.cdscnp.com df Registered Banks in C-ASBA cGt{utpNn]v u/]sf] 5.
s_ cf:jf ;]jfdf ;xeflu a}+s tyf ljlQo ;+:yfn] C-ASBA cGt{ut lng] cfj]bgsf] 9fFrf lwtf]kqsf] ;fj{hlgs lgisf;gsf] s]lGb|s[t ljB'tLo ;]jf ;DaGwL sfo{ ;+rfng lgb]{lzsf, @)&$ sf] cg';"rL % adf]lhd x'g'kg]{5 .
@= b/vf:tjfnfn] z]o/ vl/bsf nflu b/vf:t lb+bf "lwtf]kq lgisfzg tyf afF8kmfF6 lgb]{lzsf, @)&$" sf] bkmf @$ df pNn]v eP adf]lhd b]xfosf ljj/0fx? :ki6 ?kdf b/vf:t cfj]bg lbg' kg]{5 .
s_ cfj]bg kmf/fddf cfj]bssf] gfd y/ g]kfnL÷c+u|]hLdf pNn]v ul/g'kg]{5 v_ cfj]bg lb+bf z]o/ hf/L ug]{ sDkgLsf] gfd, cfj]bg ul/Psf] ;+Vof, /sd
:ki6 a'lemg] u/L pNn]v ug{'kg]{5 . u_ cfkm\gf] a}+s vftf / lxtu|fxL vftf gDa/ ;lx ÷:ki6 ?kdf pNn]v
ug'{kg]{5 . 3_ cfj]bsn] cfkm' :jo+sf] lxtu|fxL vftf gDa/pNn]v ug'{kg]{5 . ª_ cfj]bg u/]sf] lg:;f÷k|df0f, ;DaGwLt ;+sng s]Gb| -cf:jf ;b:o a}+s
tyf ljQLo ;+:yf_ ;Fu clgjfo{ lng'kg]{ 5 . r_ Ps JolQmn] cfk"mn] lng rfx]sf] ;Dk"0f{ z]o/sf] nflu Ps j6f dfq
cfj]bg u/]sf] x'g'kg]{, olb Ps} JolQmn] Ps eGbf a9L cfj]bg lbPsf] e]l6Pdf lghn] lbPsf] ;a} cfj]bgnfO{ /2 ul/g]5 .
5_ ?= !) nfv;Dd cfj]bg lbg] cfj]bsn] :j]lIfs ?kdf Kofg g+ pNn]v ug'{kg]{5 .
h_ ;Dk"0f{ b/vf:tjfnfx? -gfafnsx? ;d]t_ n] clgjfo{ ?kdf cfk\mgf] vftf /x]sf]a}+s jf ljQLo ;+:yfsf] gfd, 7]ufgf / vftf g++= ;d]t b/vf:t kmf/fddf v'nfpg' kg]{5 . o;/L v'nfOPsf] a}+s tyf ljQLo ;+:yf ;dfzf]wg u[xsf] -lSnol/Ë xfp;_ ;b:o ePsf] x'g'kg]{5 .
`_ l/tk"j{s k|fKt gePsf] b/vf:t kmf/dnfO{ z]o/ afF8kmfF6df ;dfj]z ul/g] 5}g / ;f] sf] lhDd]jf/ b/vf:tjfnf :jo+ x'g]5 .
6_ lwtf]kq vl/bsf] nflu b/vf:t lb+bfsf] cj:yfdf jf b/vf:t lbO{ ;s]kl5 vl/b u/]sf] lwtf]kq afktsf] /sd e'QmfgL gx'+b} k|rlnt sfg'g adf]lhd clwsf/k|fKt clwsf/L jf lgsfoaf6 nufgLstf{sf] vftf /f]Ssf /fVg] cfb]z k|fKt ePdf lgisfzg tyf ljlqm k|aGwsn] To:tf] b/vf:t kmf/fdnfO{ /2 ul/g] x'Fbf ;f] s'/fsf] hfgsf/L cfj]bsn] lngx'g.
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7_ z]o/ v/Lbsf] nflu b/vf:t lb+bf slDtdf %) lsQf / a9Ldf ^,))) lsQf z]o/ vl/b ug]sf nflu b/vf:t lbg ;lsg] 5 . %) lsQf eGbf al9 z]o/sf nflu b/vf:t lb+bf !) c+sn] efu hfg] ;+Vofdf b/vf:t lbg' kg]{5 .
!! ;DalGwt kIf aLrsf] sf/f]af/ ;DaGwL ljj/0f M
lgisfzgstf{ ;+ul7t ;+:yf / lgDg lnlvtg kIf aLr ljut @ jif{sf] cjlwdf s'g} k|sf/sf] a:t'ut sf/f]jf/ ePsf] jf s'g} sf/f]jf/ ug{ k|:tfj ul/Psf] eP sf/f]jf/df ;+nUg JolQmx?sf] gfd, ltgLx?sf] ;+ul7t ;+:yf ;+usf] ;DaGw, sf/f]af/sf] k|s[lt / /sd M
s_ ;+ul7t ;+:yfsf] sfo{sf/L, clws[t jf ;+rfnssf] ?kdf /x]sf] JolQm M gePsf].
v_ cfwf/e"t z]o/wgL M gePsf] .
u_ v08 -s_ / -v_ df pNn]lvt s'g} JolQmsf] Psf3/ kl/jf/ ;b:o M gePsf] .
3_ ;+ul7t ;+:yfsf] sfo{sf/L clws[t jf ;+rfns jf cfwf/e"t z]o/wgLn] #) k|ltzt jf ;f] eGbf a9L dtflwsf/ x'g] u/L z]o/ :jfldTj u|x0f u/]sf] sDkgL jf ;+ul7t ;+:yf MgePsf]
ª_ ;+ul7t ;+:yf jf To;sf] ;xfos sDkgLn] xfnsf] ;+rfns jf gLhsf] Psf3/sf] kl/jf/sf] ;b:osf nflu s'g} sf/f]jf/ jf ;Demf}tf u/]sf] 5 eg] ;f] jf ljj/0fkq k|sfzg ug'{ eGbf # jif{ cufl8sf] cjlwdf ;+:yfsf] ;+rfns jf ;+rfnssf] Psf3/ kl/jf/sf] ;b:osf nflu s'g} sf/f]af/ jf ;Demf}tf u/]sf] eP ;f] s'/f M s'g} sf/f]jf/ jf ;Demf}tf u/]sf] 5}g .
r_ s'g} ;+rfns jf ;+rfnssf] Psf3/ kl/jf/sf] ;b:onfO{ s'g} C0f lbPsf] jf lgh;+u lnPsf] eP pQm C0f e'QmfgL cjlw cflb s'/f ljj/0fkqdf v'nfpg' kg]{ M sf/f]jf/ u/]sf] 5}g .
!@ ljb]zL nufgL / Aoj:yfkg ;DaGwL ljj/0f M
s_ ljb]zL nufgL / Joj:yfkgdf ;+ul7t ;+:yf ;+rfng x'g] eP ;f] sf] ljj/0fsf ;fy} ;DalGwt ;Demf}tfsf] d'Vo tyf tflTjs aF"bfx? MsDkgLdf ljb]zL nufgL / ljb]zL Aoj:yfkg g/x]sf] .
!# ;"rLs[t ;+ul7t ;+:yfn] ;fj{hlgs lgisf;g ug]{ ePdf ;f] sf] ljj/0f M
s_ ;+ul7t ;+:yfsf] ljut # cfly{s jif{sf] k|To]s q}dfl;s cjlwsf] pRrtd, Go"gtd, clGtd ahf/ d"Nosf ;fy} sf/f]af/ ePsf] z]o/ ;+Vof M gePsf] . v_ af]8{df ljj/0fkq btf{sf] nflu k|:t't ug'{ eGbf ^ dlxgf cufl8sf] cjlwsf] dfl;s ?kdf
pRr,Go"g / clGtd d"Nosf ;fy} k|To]s dlxgfdf sf/f]jf/ ePsf] s"n lbg / s"n sf/f]af/ ePsf] lwtf]kq ;+Vof M gePsf] .
!$ kl5Nnf] ;fj{hlgs lgisf;gsf] cg'dfg tyf pknAwL ;DaGwL ljj/0f M ;+ul7t ;+:yfn] o; eGbf cuf8L lwtf]kq lgisf;g ubf{ tof/ u/]sf] ljj/0fkq jf cGo ljj/0fx?df pNn]vLt ul/Psf nIo tyf sfo{qmdx? tyf v'b d'gfkmf xfl;n ug{ ;s]÷g;s]sf], g;s]sf] cj:yfdf nIotyf sfo{qmdsf ;fy} ljj/0fkq jf cGo ljj/0fx?df k|If]lkt v'b d'gfkmf eGbf aL; k|ltzt jf ;f] eGbf a9Ln] Go"g x'g uPsf] eP o;/L km/s kgf{sf] sf/0f M;fj{hlgs lgisfzgeGbf cl3 o; sDkgLn] k|rflnt sfg'g adf]lhd pBf]u k|efljt If]fqsf jfl;Gbfx?sf nflu lwtf]kq lgisfzg ubf{ ljj/0fkq k|sflzt ul/Psf] afx]s cGo ljj/0f kq k|sflzt gul/Psf] . !% k/fdz{bftf÷ljz]if1 ;DaGwL ljj/0f M
s_ n]vfk/LIfs, k|d'v a}+s, lgisfzg sfo{;Fu ;+nUg a}+s, k|If]lkt ljQLo ljj/0f 7Ls 5 egL k|dfl0ft ug]{ lj1 cflbsf] gfd tyf 7]ufgf M
cf=a= @)&#÷)&$ sf] n]vfkl/Ifsdf>L s]=la= lrqsf/ P08 sDkgLsf rf68{{ Psfp06]G6 >L c?0f n'O{6]nn] ug'{ ePsf] 5 .
sDkgLsf] ljQLo k|If]k0f sDkgL cfkmF}}n] tof/ u/]sf] xf] . oL ljj/0fx? cf}lrTok"0f{ / oyfy{k/s /x]sf] k|dfl0ft ug]{ ljz]if1df >L s]=lj= lrqsf/ P08 Pzf]l;P6\;sf rf6{8{ Psfp06]06 >L c?0f n'O{6]n /xg' ePsf] 5 .
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o; z]o/ lgisf;gsf nflu lgisf;g tyf laqmL k|aGwsdf sf7df8f}+ Soflk6ndfs]{6\ lnld6]8, sdnfbL, sf7df08f} tyf ;x-lgisf;g tyf lalqm k|aGwsdf Unf]an cfOPdO{ SofkL6n lnld6]8,hdnnfO{ lgo'Qm ul/Psf] 5 .
lgisf;g a}+s M lgisf;g a}+s (Banker to the Issue)lgDg adf]lhd tf]lsPsf] 5 .
l;=g+= lgisf;g a}+ssf] gfd / 7]ufgf vftf gDa/ != >L Unf]an cfOPdO{ a}+s lnld6]8, sdnfbL, sf7df08f} . 0111010011052
;fy} cfjZstf cg';f/ lgisf;g aGb ePsf] ldltn] # lbgleq af]8{nfO{ hfgsf/L lbO{ cGo jfl0fHo a}+sx?nfO{ ;d]t o; lwtf]kq lgisf;gsf] nflu lgisf;g a}+ssf] ?kdf lgo'Qm ug{ ;lsg]5 .
v_ dfly v08 -s_ df pNn]lvt ;+:yf jf JolQm;+u ePsf] ;xdltsf d'Vo d'Vo a'Fbf tyf zt{x? M ;f] gePsf] .
!^ kl/of]hgf ;DkGg ug{sf] nflu ;fj{hlgs lgisf;g afx]s cGo ljQLo >f]tx? k|of]u ul/Psf] 5÷5}g, tT;DaGwL ljj/0f M
;+:yfks z]o/wgLx?sf] :jk"FhL,;~rfnsx?af6 lnOPsf] shf{ / a}+s tyf ljQLo ;+:yfx?af6 C0f k|fKt u/L cfof]hgf ;DkGg ul/Psf] / xfn lgoldt cfoaf6} sDkgL / cfof]hgfsf sfdx? ;+rfng e} /x]sf] .
!& d'2f tyf ljjfb ;DaGwL ljj/0f M s_ ;+ul7t ;+:yfsf] t/ntf, df}Hbft, sfo{ ;+rfngdf tflTjs c;/ kg]{ vfnsf] s'g} d'2fdfldnf jf
ljjfb eP ;f] ;DaGwL ljj/0f tyf pk/f]Qm d'2f jf ljjfbsf] sf/0faf6 kg{ ;Sg] k|efj ;DaGwdf Joj:yfkgsf] wf/0ff M gePsf] .
v_ ;+ul7t ;+:yfnfO{ c;/ kg]{ u/L ;+:yfsf] ;+:yfks÷;+rfnsn] jf nfO{ bfo/ ul/Psf] d'2f ;DaGwL ljj/0f M ;+ul7t ;+:yfnfO{ c;/ kg]{ u/L ;+:yfsf] ;+:yfks÷;+rfnsn] jf nfO{ d'2f larf/flwg /x]sf] 5}g .
u_ ljut kfFr jif{df ;+ul7t ;+:yfsf] s'g} ;+:yfks÷;+rfns sfnf];"rLdf k/]sf] jf s'g} g}lts jf cfly{s sf/0faf6 s'g} lgodg lgsfo jf cbfntn] ;hfo u/fPsf] eP, To:tf] ;+rfnssf] gfd / ;hfo ug]{ lgodg lgsfo jf cbfntsf] gfd pNn]v ug'{ kg]{ M
ljut kfFr jif{df ;+ul7t ;+:yfsf] s'g} ;+:yfks÷;+rfns sfnf];"rLdf k/]sf] jf s'g} g}lts jf cfly{s sf/0faf6 s'g} lgodg lgsfo jf cbfntn] ;hfo u/fPsf] 5}g .
3_ ;+ul7t ;+:yf a}+s jf ljQLo ;+:yfdf C0f glt/L l8kmN6 ePsf], lgod cg';f/sf] z'Ns glt/]sf], lwtf]kqjfnfx?sf] s'g} /sd e'QmfgL gul/Psf] eP tT;DaGwL ljj/0fx? M;f] gePsf] .
!* u'gf;f] ;'Gg] / ;dfwfg ug]{ k|q[mof M lgisflzt lwtf]kq;DalGw nufgLstf{x?sf] u'gf;f] tyf ;'emfj ;'Gg tyf ;f] sf] ;dfwfgsf nflu lwtf]kq lgisfzg tyf laqmL k|aGwssf] sfof{nodf Ps sIfsf] Joj:yf ul/Psf] 5 . nufgLstf{x?n] b]xfPsf] dfWoddfkm{t u'gf;f] ;'Gg] clwsf/L >L ;'efif a:g]t ;dIf cfˆgf] u'gf;f] tyf ;'emfa k|]lift ug{ ;Sg]5g\M kmf]g g+= $!^*^#$ ˆofS; g+= $!^*^#(E-mail: kathmanducapitalmarket@kcml. com.np .
!( gub glnO{ s;}nfO{ lwtf]kq lgisf;g ul/Psf] 5 eg] To:tf] AolQm jf ;d"xsf] gfd, v/Lb ul/Psf] ;DklQ jf ;]jf ;DaGwL ljj/0f, lgisf;g ul/Psf] lwtf]kqsf] ;+Vof / b/ ;DaGwL ljj/0f MgePsf] .
@) C0fkq lgisf;g ;DaGwL ljj/0f M
xfn;Dd C0fkq hf/L u/L shf{ lnPsf] 5}g . cfjZostf cg';f/ C0fkq hf/L ug{ ;lsg]5 .
@! cu|flwsf/ z]o/ lgisf;g ;DaGwL Aoj:yf Mxfncu|flwsf/ z]o/ hf/L ul/Psf] 5}g . @@ cGo ;fdfGo hfgsf/L M
-s_ ljz]if1sf] s'g} /fo ePdf, ;f]sf] ljj/0f M k|If]lkt ljQLo ljj/0fsf] wf/0ff / cfwf/x? sDkgLsf] Joj:yfkgn] tof/ kf/]sf] / pQm cfwf/x?df cfˆgf] bfloTj gePsf] eGgL k|If]lkt ljQLo ljj/0f k|dfl0ft ug]{ n]vfkl/Ifssf] /fo /x]sf] 5 .
-v_ ut tLg cfly{s jif{ leqdf s'g} ;+rfns, n]vfk/LIfs kl/jt{g ePsf] eP, ;f] sf] sf/0f M— ;~rfnsdf ePsf] kl/jt{gM
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-c_ >L laqmd kf08]Ho"n] ldlt @)&#÷)$÷@# ut] e"dL;'wf/ dGqLdf lgo'lQm x'g' ePsf]n] cWoIf kbaf6 /fhLgfdf lbg' ePsf]5 . -cf_ ;fy} :jtGq ;~rfns >L s'a]/dl0f g]kfnHo" cGo xfO8«f]kfj/ sDkgL lnld6]8df ;+rfns /xg'ePsfn] sDkgL P]g,@)^#sf] bkmf *(sf] kfngf u/L ldlt @)&$ dfu{ !# ut] o; sDkgLsf] ;+rfnsaf6 /fhLgfdf lbg' ePsf] 5 . -O_ >L 7fs'/ k|;fb 9sf+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++nHo"n] ldlt @)&$/!@/@% ut] cfˆgf] ;~rfns kbaf6 lbg' ePsf] /fhLgfdf ldlt @)&%/)!/)% ut] a;]sf] ;~rfns ;ldltsf] a}7saf6 :jLs[t ePsf] . n]vfk/LIfsdf ePsf] kl/jt{gM sDkgLsf] cfly{s aif{ @)&#÷)&$sf] n]vfk/LIfsdf >L s]= lj= lrqsf/ P08 sDkgLlgo'Qm x'g' ePsf] 5 .
-u_ sDkgL ;lrjsf] gfd, 7]ufgf / of]Uotf M
gfd M lszf]/ s'df/ 8+uf]n 7]ufgf Mnlntk'/ dxfgu/kfnLsf j8f g+= @!,vf]sgf . of]Uotf M:gftsf]Q/ cg'ejMsfnLsf u'|kdf !) aif{eGbf a9Ln]vf tyf k|zf;gsfo{ ;+nUg /xg' ePsf] .
-3_ ;fj{hlgs lgisfzg ug{sf nflu ;~rfns ;ldltaf6 ePsf] lg0f{o;DaGwL ljj/0f M
o; sDkgLsf] k|aGwkqsf] bkmf ^ -3_ cGtut{ ;j{;fwf/0fx?nfO{ z]o/ lbg] k|fjwfg adf]lhd sDkgLsf] hf/L k"FhLjf6 @)%sf b/n] x'g cfpg] ?=!)) c+lst b/sf] !@,)),))) lsQf z]o/ ;j{;fwf/0fx?sf] nflu ljt/0f ug]{ lg0f{o o; sDkgLsf] ldlt @)&#÷)(÷!$ df a;]sf] ;+rfns ;ldltsf] a}7saf6 kfl/t ePsf] 5 .
-ª_ ;+ul7t ;+:yf jf o;sf z]o/wgLnfO{ s'g} ljz]if s/ ;'ljwf lbOPsf] eP, ;f] ;DaGwL ljj/0f M
of] cfof]hgfaf6 k|fKt x'g] cfodf !) jif{;Dd k'/} cfos/ 5'6 tyf ;f] kZrft\ % jif{;Ddsf nflu %) k|ltzt cfos/ 5'6 k|bfg ul/Psf] 5 .
-r_ ;+ul7t ;+:yfsf] kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmfgf]S;fg lx;fj / gub
k|jfx ljj/0f k|fKt ug{ jf x]g{ ;Sg] 7fpF / ;do M
sfof{no ;doleq lgDglnlvt :yfgx?df sDkgLsf] kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmf–gf]S;fg lx;fj tyf gub k|jfxsf] ljj/0f k|fKt ug{ jf lg/LIf0f ug{ ;lsg]5 .
sDkgLsf] /lhi68{ sfof{no, gf/fo0fL c~rn, lrtjg lhNnf e/tk'/ pk—d=g=kf j8f g+= !) lrtjg, lwtf]kq lgisf;g tyf laqmL k|jGws>L sf7df08f}Soflk6n dfs]{6 lnld6]8, sdnfbL, sf7df08f} / ;x-lgisf;g tyf ljqmL k|jGws >L Unf]an cfOPdO{ SofkL6n ln=af6 k|fKt ug{ jf lg/LIf0f ug{ ;lsg]5 .
-5_ af]g; z]o/;DaGwL Joj:yf M
xfn;Dd af]g; z]o/ hf/L ul/Psf] 5}g . eljiodf k|rlnt P]g / g]kfn lwtf]kq af]8{sf] k|rlnt Joj:yfcg';f/ af]g; z]o/ hf/L ug{ ;Sg]5 .
-h_ z]o/jfnf, sd{rf/L jf c¿ s;}sf nflu z]o/ ;'/lIft ug]{ Joj:yf ul/Psf] ePdf ;f] s'/f M
-!_ o; ljj/0fkq cg';f/ lgisf;g ul/Psf] k|lt ;fwf/0f z]o/ ?=!))÷– cls+t b/sf !@,)),))) lsQf ;fwf/0f z]o/sf] @ k|ltzt cyf{t @$,))) lsQf ;fwf/0f z]o/x? o; sDkgLsf] ;]jfdf /x]sf sd{rf/Lx?sf] nflu tyf % k|ltzt cyf{t ^),))) lsQf ;fwf/0f z]o/x? ;fd"lxs nufgL sf]ifx?sf] nflu / afFls !!,!^,))) lsQf z]o/ ;j{;fwf/0fdf lgisf;g ug]{ u/L 5'§fOPsf] 5 . sd{rf/Lsf] nflu 5'§fOPsf] z]o/ dWo] sd{rf/Laf6 a9L dfu e} cfPsf] xsdf ;~rfns ;ldltn] cf}lrTok"0f{ tj/af6 afF8kmfF6 ug]{5 . sd{rf/Lsf] nflu 5'§fOPsf] z]o/sf nflu dfu eO{ gcfPsf] cj:yfdf afFls z]o/x? ;j{;fwf/0fdf afF8kmfF6 ul/g]5 .
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-em_ sDkgLn] sDkgL P]gn] u/]sf] Joj:yfx¿, cfˆgf] sf/f]af/;Fu ;DalGwt P]g, lgod tyf lgodg
Joj:yf k"0f{ kfngf u/]sf] ;DaGwdf u/]sf] pb\3f]if0f M
sDkgLn]] sDkgL P]g, @)^# n] u/]sf] Joj:yfx¿ cfkm"n] ug]{ Aoj;fo;+u ;DalGwt P]g, lgod tyf lgodg Joj:yf tyf lgodg lgsfox?n] lbPsf] lgb]{zgx?sf] k"0f{?kdf kfngf u/]sf] 5 / ;f]xL lgb]{zgx¿sf] bfo/f leq /lx sfo{ ul//x]sf] / o; ljj/0f kqdf pNn]v ul/Psf] ljj/0fx¿ ;d]t ;f]xL cg'?k tof/ ul/Psf] xf] eGg] sDkgLsf] pb\3f]if0f /x]sf] 5 .
-`_ lwtf]kq laqmL ljt/0f ;DaGwL Joj:yf M
o; ljj/0f kqdfkm{t lgisflzt ;fwf/0f z]o/ laqmL ljt/0fsf nflu cf:jf ;b:o k|fKt a}+s tyf ljlQo ;+:yfx?sf b]z e/L km}lnP/ /x]sf tf]lsPsf zfvfx? dfkm{t cfj]bg lbg ;Sg] Aoj:yf /x]sf] 5 .
-6_ q]ml86 /]l6Ë ;DaGwL Joj:yf M g]kfn lwtf]kq af]8{af6 q]ml86 /]l6Ë ;DaGwL sfo{ ug{ cg'dlt k|fKt ;+:yf Oqmf g]kfn -ICRA NEPAL_ n] o; sDkgLåf/f hf/L ug{ nfu]sf] z]o/ lgisf;gnfO{ æ[ICRANP]IPO Grade 4Æ u|]8 k|bfg u/]sf] 5 . [ICRANP]IPO Grade 4 n] cf}ifteGbf tn cfwf/x? -Below Average Fundamentals_ hgfpFb5 .Oqmf g]kfnn] ! b]lv %KjfOG6 u|]l8Ë k|bfg ub{5 . ++++++h;df+++++++++ u|]8 ! n] alnof cfwf/ hgfpF5 eg] u|]8 % n] sdhf]/cfwf/x? hgfpF5 . u|]8 @, # / $ df k|of]u ul/g] + (Plus) lrGxn] o; ;d"xsf t'ngfTds ;sf/fTds l:yltnfO{ hgfpF5 . qm]l86 /]l6Ë ;DaGwL ljj/0f o; ljj/0fkqsf] cg';"rLdf ;+nUg ul/Psf] 5 .
-7_ ljj/0f kq tof/ ug]{ JolQmsf] gfd, y/, z}lIfs of]Uotf / cg'ejsf] ljj/0f M
o; ljj/0fkq tof/ kfg]{ Aoj;flos ;+:yfdf lgisf;g tyf ljlqm k|aGws –>L sf7df08f} Soflk6n dfs]{6 ln=,sdnfbL tyf ;x-lgisf;g tyf lalqm k|aGws –>L Unf]an cfOPdO{ SofkL6n ln=, hdn, sf7df8f}+ /x]sf]5 .
-8_ ;sf/fTds kIfx¿ M • cfof]hgfaf6 k|fKt x'g] cfodf !) jif{ ;Dd cfos/ 5'6 tyf ;f] kZrft\ % jif{sf] nflu
%) k|ltzt cfos/ 5'6 k|fKt ePsf] x'Fbf nfef+zsf] b/ a9L /x]sf] . • b/f}bL P ;fgfhnljB't cfof]hgfsf] ;Dk"0f{ ;+/rgf, d]l;g, cf}hf/ tyf pks/0fx?sf]
hf]lvdnfO{ Go"gLs/0f ug{ ladf ul/Psf] . • sDkgL;Fu bIf o'jf hgzlQm /x]sf]n] of] sDkgL g]kfndf hnljB't cfof]hgfsf] ljsf; /
lgdf{0fsf] sfddf ;kmn /x]sf] . • hnljB'tsf] If]qdf cWoog cg';Gwfg tyf ljsf; sfo{df of]hgfa4 9+un] ;dlk{t eP/
sfd ul//x]sf] x'gfn] o; sDkgLsf] eljio pHHjn /x]sf] . -9_ z]o/ /lhi6«f/ ;DaGwL Joj:yf M g]kfn :6s PS;r]Gh lnld6]8df ;"lrs/0f u/] kZrft\ z]o/sf] gfd;f/L, b:tvt ?h' cflb ;DaGwL sfo{ o; sDkgLsf] sfof{noaf6 jf sDkgLsf] ;~rfns ;ldltn] tf]s] adf]lhd z]o/ /lhi6«f/sf] sfof{noaf6 x'g] u/L Aoj:yf ul/g]5 . -0f_ lwtf]kq laqmL v'Nnf cjlw M o; ljj/0fkq dfkm{t lgisf;g ul/g] z]o/x?sf] nflu cfj]bg lng] sfo{ sDtLdf rf/ sfo{lbgsf nflu v'Nnf ul/g]5 . ;f] cjlwleq
lgisf;g ul/Psf] ;j} lwtf]kq laqmL gePdf b/vf:t v'Nnf ePsf] ldltn] al9df #) lbgsf nflu lwtf]kqsf] b/vf:t v'Nnf /xg]5 .
-t_ lwtf]kq bQf{ tyf lgisf;g lgodfjnL @)&# sf] lgod ( adf]lhdsf ljj/0fx?M -!_ cfkm\gf] p2]Zo cg';f/ sf/f]af/ ;~rfng ug{sf nflu cfjZos sfo{x? cufl8 a9fO{ Ps jif{sf] cjlw k"/f u/]sf]M o; sDkgL k|rlnt sfg'g adf]lhd @)^$ ;fn kmfNu'g @$ ut] sDkgL /lhi6«f/sf] sfof{nodf b/f}bL sfnLsf xfO{8«f] k|f=ln=sDkgLsf] ?kdf btf{ e} ldlt @)&@ cflZjg @(
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ut]b]lv kAnLs sDkgLdf kl/0ft e} cfkm\gf] p2]Zo cg';f/sf] sf/f]jf/ ;~rfng ul//x]sf] 5 . -@_ k|rlnt sfg"g adf]lhd n]vfk/LIf0f tyf ;fwf/0f ;ef ;DkGg u/]sf] ldltM cfly{s jif{@)&#÷@)&$ ;Ddsf] n]vfk/LIf0f ;dfKt eO{ ;s]sf]5 . sDkgLsf] cfly{s aif{ @)&#÷@)&$ sf] jflif{s ;fwf/0f ;ef ldlt @)&$÷)*÷!) ut] ;DkGGf ePsf] 5 . -#_ cfkm\gf] p2]Zo cg';f/ sf/f]af/ ;~rfng ug{sf nflu k|rlnt sfg"g adf]lhd s'g} lgsfoaf6 Ohfht, cg'dlt jf :jLs[lt lng'kg]{ ePdf To:tf] Ohfht, cg'dlt jf :jLs[lt lnO;s]sf] M ldlt @)^(÷)@÷!^ ut]sf] lg0f{o adf]lhd ljB't ljsf; ljefuaf6 ljB't pTkfbg cg'dlt kq k|fKt . -$_ ;+ul7t ;+:yfsf] nflu cfjZos kg]{ hUuf v/Lb jf cGo k|sf/n] Joj:yf u/L sf/vfgf ejg, sfof{no ejg, uf]bfd3/ tyf cGo cfjZos ;'ljwfx? lgdf{0f sfo{ z'? ul/;s]sf]M ldlt @)&)÷!)÷)@ ut]b]lv cfjlzo ejg lgdf{0f sfo{ z'? ul/ldlt=@)&#÷)%÷!) ut] lgdf{0f ;DkGg . -%_ pTkfbgsf] k|ljlw 5gf}6 u/L pBf]usf] nflu cfjZos kg]{ oflGqs pks/0f tyf To;sf kf6{k"hf{ cflb v/Lb ug'{kg]{ ePdf v/Lb k|s[of cufl8 a9fO;s]sf]MoflGqs pks/0f h8fg sfo{ clGtd r/0fdf k'lu ;s]sf] . -^_ lwtf]kqsf] ;fj{hlgs lgisfzg ;DaGwdf lgisfzg tyf ljlqm k|aGws;Fu ;Demf}tf eO;s]sf]M;fj{hlgs lgisf;gsf] nflu sDkgL / ljlqm k|aGws >L sf7df8f}}+ Soflk6n dfs]{6 lnld6]8 tyf ;x—lgisf;g tyf lalqm k|aGwsUnf]an cfOPdO{ SofkL6n lnld6]8, hdn,sf7df08f};Fu ldlt @)&#÷!!÷)^ ut] lqklIfo ;Demf}tf ePsf] lyof] . -&_ kl/of]hgfsf] lgdf{0f cjlwe/ sDkgLsf] C0f / k"FhLsf] cg'kft lwtf]kq lgisf;g lgb]{lzsfdf tf]lsP adf]lhd /fVg ;xdt /x]sf] 5 . -*_ ;+:yfksx?n] cfkm'n] lng sj'n u/]sf] /sd ?= $@,)),)),)))÷— zt k|ltzt r'Qmf e};s]sf]5 . -(_ kl/of]hgf lgdf{0fsf nflu kmfOgflG;on Snf]h/ ldlt @)&!a}zfv )* ut] ljQLo Aoj:yfkg ;DalGw ;DEfmf}tf ;DkGg ePsf] . -!)_ hnljB't pTkfbg ;+:yf ePdf, ljB't v/Lb ;Demf}tf ul/;s]sf] / hnljB't u[x tyf cGo k"jf{wf/x? lgdf{0fsf nflu 6]08/ cfJxfg ul/Psf]M ldlt @)^* ;fn efb| !( ut] g]kfn ljB't k|flws/0f;Fu ljB't vl/b laqmL ;DEfmf}tf ;DkGg eO{ ;f]lx cg';f/ lgdf0f{sfo{ ;DkGg u/L ldlt @)&#÷)*÷!# ut]b]lv ljB't pTkfbg ul/ ljqmL ljt/0f eO/x]sf] 5 .
@# ;+rfnsx?sf] gfd tyf b:tvt M
qm=;+= Gffd kb b:tvt
!= >L ljqmd kf08] cWoIftyf k|jGw ;+rfns
@= >L lgsf]n; kf08] ;+rfns
#= >L o'j axfb'/ If]qL ;+rfns
$= >L kbd u'?Ë ;+rfns
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@$ lgisf;g tyf laqmL k|aGwsn] k|:t't u/]sf] k|lta4tf kq -8\o' 8]lnh]g;\ ;l6{lkms]6_ sf] k|lt M
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@% ljj/0fkq, ljQLo ljj/0f tyf cGo s'g} s'/fdf lj1n] /fo lbPsf] eP ;f] ;DaGwL kq M
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