Kathmandu. An agreement has been signed between Brij Himalayan Spring Private Limited and NMB Capital Limited to collaborate for institutional consulting work. Brij Himalayan Spring Private Limited, a company established with the aim of adding a new dimension to Nepali entrepreneurship by operating a premium pure processed and premium mineral mixed pure drinking water industry in the water industry, has appointed NMB Capital Limited, a leading merchant bank in Nepal, as its institutional consultant for institutional consulting work.
The company stated that this collaboration is an important step for Brij Himalayan Spring Private Limited to achieve its long-term goal of business growth, expansion and development by creating an established brand in the premium drinking water industry. According to the company, NMB Capital’s institutional advisory services, such as capital restructuring and financial advisory services, will play a supporting role in further expanding and strengthening the business by providing the company with the necessary advisory services in the process of bringing in various strategic partners.
In this journey, NMB Capital Limited will assist in financial advisory and capital restructuring required for the development of the company. Currently, this company is producing mineral water in 1 l., 500 ml., 250 ml bottles and pure purified water in 20 l. jars under the ‘Purna’ brand. ‘We are very happy to have NMB Capital Limited as our financial advisory partner.’ Their experience and knowledge will be important in further advancing and developing this new project of ours under the Kedia Organization. This collaboration is also a testament to our commitment to delivering high returns to our stakeholders,” said Satyam Kedia, Managing Director, Brijhimalayan Spring Private Limited.
Dipesh Kumar Vaidya, Chief Executive Officer, NMB Capital Limited, expressed his enthusiasm for this collaboration. “We are excited to have the opportunity to work in line with NMB Capital’s mission of supporting new ventures in the manufacturing sector by collaborating with Brijhimalayan Spring Private Limited. We will help Brijhimalayan Spring Private Limited achieve its growth and development plans.”
As a new project of Kedia Organization, Brijhimalayan Spring Private Limited aims to create a new identity in the drinking water industry. Kedia Organization, led by Manoj Kedia, has successfully operated various businesses in the past, including finance, insurance, and manufacturing industries (Sidwarth Bank, Sidwarth Premier Insurance Ltd., Sidwarth Capital Ltd., Sanima Reliance Life Insurance, Avars Equity, Vrije Cement, Shree Steels, Arghakhanchi Cement, Vrije Additives, Vrije Glass, ACN Concrete), and has been successful in providing the highest returns to shareholders.
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