ljj/0fkq - SEBON · 2019. 2. 12. · ljj/0fkq - SEBON ... 3 -

sDkgL P]g, @)^# cGtu{t ;+:yflkt / ;+rflnt

lzjd\ l;d]G6;\ lnld6]8

Shivam Cements Limited /lhi68{ sfof{noM dsjfgk'/,lhNnf x]6f}+8f pk dxfgu/kflnsf j8f g+= !^ xl6of, g]kfn

skf]{/]6 sfof{noM sf=lh=sf=d=g=kf= j8f g+= !!, l;4fy{ O{g;'/]G; ejg bf];|f] tNnf cgfdgu/, sf7df08f}

kmf]g g= )!–%&)%^($/%&)^*)$ km\ofS; g+= )!–%&)^*%$

Od]nM [email protected] j]e;fO6M www.shivamcement.com..np

sf]

ljj/0fkq

-lwtf]kq ;DaGwL P]g, @)^# sf] bkmf #) tyf sDkgL P]g, @)^# sf] bkmf @# cGtu{t k|sflzt_

b/vf:t;fy k|lt z]o/ ?=!))÷— df -pBf]u k|efljt If]q jfl;Gbfx?n]_ lk|ldod /sd ? !))÷– yk u/L hDdf /sd ? @))÷–sf

b/n] / cGo ;j{ ;fwf/0fx?n] lk|ldod /sd ? @))÷– yk u/L hDdf /sd ? #))÷–sf] b/n] -ztk|ltzt e'QmfgL dfu ul/Psf]_

g]6jy{ ;DjlGw ljj/0f

ljj/0f

jf:tljs -?= xhf/df_ k|If]lkt -?= xhf/df_

cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

cf=a=

2075÷76

cf=a=

2076÷77

cf=a=

2077÷78

k|lt z]o/ g]^jy{ -?=_ 144.53 159.66 161.61 193.38 220.46 248.25

k|lt z]o/ cfDbfgL -?=_ 38.89 32.45 29.53 30.37 42.08 47.79

k|lt z]o/ gub nfef+; -?=_ 10.53 10.53 15.00 15.00 20.00 20.00

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]

lgisfzg 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]xLtf g/xg] pb\3f]if0f M

o; ljj/0fkqdf pNn]lvt lwtf]kq ;fj{hlgs lgisfzgsf nflu tof/ ul/Psf] xf] . o; ljj/0fkqnfO{ lwtf]kq;DaGwL sfg"g

adf]lhd g]kfn lwtf]kq af]8{n] :jLs[lt k|bfg u/]sf]5 . o;/L af]8{n] ljj/0fkqdf :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 lgisfzgstf{ jf

kl/of]hgfsf] cfly{s ;Ifdtfsf] af/]df s'g} k|sf/sf] k|Tofe"\t u/]sf] jf lhDd]jf/L lnPsf] dflgg] 5}g .

qm]l86 /]l6Ë ;DjlGw ljj/0f

o; ljj/0fkq dfkm{t lgisfzg ul/g] ;fwf/0f z]o/sf] ;fj{hlgs lgisfzg ug{sf nflu O{qmf g]kfn ln= af6 ldlt @)&$÷!@÷)!

df æO{qmf Pglk cfO{lkcf] u|]8 #+" k|df0fkq k|fKt u/]sf] 5 . æO{qmf Pglk cfO{lkcf] u|]8 #+Æ n] cf};t (Average Fundamental)

cfwf/x? hgfpFb5 .;f] ;DaGwL ljj/0f o; ljj/0fkqsf] bkmf u=@@ -6_ df pNn]v ul/Psf] 5 .

o; ljj/0fkq dfkm{t pBf]u k|efljt If]qsf afl;Gbfx?nfO{ laqmL ljt/0f ul/g] ;fwf/0f z]o/x? afF8kmfF8 ePsf] ldltn] tLg aif{ k"/f

geP;Dd laqmL ljt/0f ug{ kfOg] 5}g .

g]kfn lwtf]kq af]8{af6 ljj/0f–kqdf :jLs[lt k|fKt ldlt @)&%÷)#÷)&, tyf @)&%.)(.#) / @)&%.!).@% df ;+zf]wg :jLs[t, sDkgL /lhi6«f/sf]

sfof{nodf ljj/0f–kq btf{ ldlt @)&%÷)#÷@$ k|yd r/0fdf lgisfzg v'Nnf tyf lgisfzg aGb M ldlt @)&%.)$.!# b]lv ldlt

@)&%.)%.!! ;Dd

bf];|f] r/0fM lgisfzg v'Nnf ldltM @)&%.!!.)^ lgisfzg aGb ldltM @)&%.!!.)( -l56f]df_ lgisfzg aGb ldltM @)&%.!@.)% -l9nf]df_

lwtf]kq lgisfzg tyf laqmL k|jGws M

sDkgLn] cfkm\gf] hf/L k"FhL ?= $,$),)),)),)))÷—-cIf/]kL rf/ cj{ rfln; s/f]8 dfq_ sf] !@% cyf{t ? %@,*),)),)))÷— -

cIf/]kL afpGg s/f]8 c;L nfv dfq_ dWo] ?=!))÷— df lk|ldod /sd ? !))÷– yk u/L hDdf /sd ? @))÷– c+lst b/sf]

*,*),))) lsQf ;fwf/0f z]o/ pBf]u k|efljt If]q dsjfgk'/ lhNnfsf afl;Gbfx?sf] lgldQ tyf ? $$,)),)),)))÷— -cIf/]kL

rjfln; s/f]8 dfq_ /sd a/fa/sf] ?=!))÷— df lk|ldod /sd ? @))÷– yk u/L hDdf /sd ? #))÷– c+lst b/sf]

$$,)),))) lsQf ;fwf/0f z]o/ -;fd"lxs nufgL sf]ifsf nflu 5'§fOPsf] @,@),))) lsQf z]o/ tyf ;+ul7t ;+:yfsf sd{rf/Lsf

nflu 5'§fOPsf] @,@),))) lsQf z]o/ ;lxt_ ;j{;fwf/0fx?sf] lgldQ lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# sf] clwgdf /xL

lgisfzg ul/Psf] 5 . k|rlnt sfg"g adf]lhd tof/ ul/Psf] jftfj/0fLo k|efj d"NofÍsg k|ltj]bg (EIA) / k|f/lDes jftfj/0f

k/LIf0f (IEE) adf]lhd cfof]hgf k|efljt If]q lgwf{/0f ul/Psf] xf] .

l;4fy{ Soflk6n lnld6]8

kf]=j=g+=@!@)), gf/fo0frf}/, gS;fn sf7df08f},

kmf]g g+= $$@)(@$÷$$@)(@%

Od]nM [email protected]

j]j ;fO6M www.siddharthacapital.com

1

v=! ljj/0fkqdf k|of]u ePsf k|fljlws tyf cGo zAbfjnLsf] kl/efiff M

s_ æljj/0fkqÆ eGgfn] sDkgL P]g @)^# sf] bkmf @# adf]lhd / lwtf]kq ;DaGwL P]g, @)^# sf] bkmf #) adf]lhd

k|sflzt ljj/0fx? ePsf] k'l:tsf ;Demg' kb{5 .

v_ ælwtf]kq lgisfzg tyf laqmL k|aGwsÆ eGgfn] l;4fy{ Soflk6n lnld6]8, gf/fo0frf}/, gS;fn sf7df08f}+

;Demg' kb{5 .

3_ æ;+ul7t ;+:yf÷sDkgLÆ eGgfn] lgisfzgstf{ sDkgL lzjd\ l;d]G6;\ lnld6]8 ;Demg' kb{5 .

ª_ æ;+:yfks ;+ul7t ;+:yfÆ eGgfn] lzjd\ l;d]G6;\ lnld6]8df ;+:yfks z]o/ wf/0f ug]{ sDkgLx? ;Demg'k5{ .

r_ ælwtf]kqÆ eGgfn] ;+ul7t ;+:yfn] hf/L u/]sf] z]o/ ;Demg'k5{

5_ æ;+sng s]Gb|Æ eGgfn] ;fj{hlgs lgisfzgsf] 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? ;Demg' kb{5 .

h_ ælgisfzg a}+sÆ eGgfn] lgisfzg tyf laqmL k|aGws;Fu ;Demf}tf u/L lwtf]kq lgisfzgsf] qmddf cfj]bsaf6

k|fKt x'g] /sd hDdf ug{ lhDd]jf/L lng] afl0fHo a}+s ;Demg' kb{5 .

em_ ælgodg lgsfoÆ eGgfn] g]kfn lwtf]kq af]8{,sDkgL /lhi6«f/sf] sfof{no tyf pBf]u ljefunfO{ ;Demg' kb{5 .

`_ æ;+:yfks, ;+rfns, sfo{sf/L k|d'v tyf Aoa:yfkgÆ eGgfn] lzjd\ l;d]G6;\ lnld6]8sf] ;+:yfks, ;+rfns,

sfo{sf/L k|d'v tyf Aoa:yfkg ;Demg' kb{5 .

em_ æaf]8{Æ eGgfn] g]kfn lwtf]kq af]8{nfO{ ;Demg' kb{5 .

`_ æljQLo ljj/0fÆ eGgfn] ;+ul7t ;+:yfsf] jf;nft, cfo–Joo ljj/0f, gub k|jfx ljj/0f ;Demg' kb{5 / ;f]

zAbn] OlSj6Ldf ePsf] kl/at{gsf] ljj/0f / n]vf gLlt tyf n]vf;+u ;DalGwt l6Kk0fLx? ;d]t hgfpFb5 .

v=@= ljj/0fkq tyf b/vf:t k|fKt ug]{ / a'emfpg] :yfg M

ljj/0fkq kfOg] :yfgx?M

!= l;4fy{ Soflk6n lnld6]8, gf/fo0frf}/, gS;fn, sf7df08f} .

@= lzjd\ l;d]G6;\ lnld6]8, cgfdgu/, sf7df08f} .

;fy} lgisfzg tyf laqmL k|aGwssf] j]e;fO6 www.siddharthacapital.com, / lgisfzgstf{ sDkgLsf] j]e;fO6

www.shivamcement.com.np, jf g]kfn lwtf]kq af]8{sf] j]e;fO6 www.sebon.gov.np af6 ;d]t o;

lgisfzgsf] nflu :jLs[t ljj/0fkq x]g{ ;Sg' x'g]5 .

;j{;fwf/0fsf nflu b/vf:t kmf/d k|fKt ug]{ / b/vf:t a'emfpg] :yfgx? M

g]kfn lwtf]kq af]8{af6 cg'dlt lnO{ l;–cf:jf (C-ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx? .

pBf]u k|efljt If]qsf nflu b/vf:t kmf/d k|fKt ug]{ / b/vf:t a'emfpg] :yfgx? M

-s_ g]kfn lwtf]kq af]8{af6 cg'dlt lnO{ l;–cf:jf (C-ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx? .

gf]6M pBf]u k|efljt If]qsf afl;Gbfn] l;–cf:jf (C-ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx? dfkm{t

cfj]bg a'emfpFbf kfngf ug'{kg]{ zt{x? bkmf u!)-5_ sf] a'Fbf u!s df pNn]v ul/Psf] 5 .

2

u=!=lwtf]kq lgisfzg tyf laqmL k|aGwssf] pb\3f]if0f M

xfdLnfO{ sDkgL tyf o;sf ;~rfnsx¿n] pknAw u/fPsf] ljj/0f tyf hfgsf/Lx?sf] cfwf/df o; sDkgLsf]

Joj:yfksLo, k|fljlws / cfly{s kIfsf] ljZn]if0ffTds cWoogaf6 ;Gt'i6 x'g'sf] ;fy} ljj/0fkqdf n]lvPsf cfly{s

ljj/0fx¿ / cGo hfgsf/L tYout, k"0f{ / ;xL b]lvPsfn] nufgLstf{x?nfO{ nufgL;DaGwL lg0f{o lng d2t k'Ug] s'/fk|lt

ljZj:t eO{ xfdLn] of] ljj/0fkq :jLs[ltsf nflu g]kfn lwtf]kq af]8{df lwtf]kq ;DaGwL 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}+ .

u=@=;+ul7t ;+:yfsf] pb\3f]if0f M

u=@=s= ;+rfnssf] lhDd]jf/L tyf hjfkmb]lxtf ;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} lgisfzg 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 lgisfzg cg'dlt 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? AolQmut

jf ;fd"lxs ?kdf hjfkmb]lxtf axg ub{5f}+ / lwtf]kq lgisfzgsf 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 5'÷5f}+ /

nufgLstf{x?nfO{ nufgL ;DaGwL ;';"lrt lg0f{o lng cfjZos s'g} ljj/0f, ;"rgf tyf hfgsf/Lx? n'sfPsf 5}gf}+ .

u=@=v= ;+ul7t ;+:yfsf] hjfkmb]lxtf ;DaGwL pb\3f]if0f M

o; lzjd\ l;d]G6;\ 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 ;+ul7t ;+:yfsf] af/]df k|sflzt cGo s'g} ;"rgf jf hfgsf/Lsf] hjfkmb]xLtf ;+ul7t ;+:yfdf 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=@=u= lgodg lgsfosf] lgodg Aoa: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,

pBf]u ljefu, vfgL tyf e"ue{ ljefu cfbL_ sf] ;fj{hlgs lgisfzg tyf cGo lgodg Joj:yf tyf lgb]{zgx?sf] kfngf

u/]sf] s'/fsf] pb\3f]if0f ub{5f}+. ;fy} ;fj{hlgs lgisfzg k|of]hgsf] nflu tof/ ul/Psf] ljj/0fkq / ;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}+ . sDkgL /lhi6«f/sf]

sfof{noaf6 k|fKt ldltM @)&$.!!.)*, r= g+= @()^% sf] kqfg';f/ cf=j= @)&#.)&$ ;DDfsf] sDkgL P]g adf]lhd k]z

ug'{ kg{] ;a} ljj/0fx? k]z ul/;s]sf] x'+bf sDkgL cBfjlws /x]sf] 5 .

u=@=3= ;+:yfks, ;+rfns tyf sfo{sf/L k|d'v ;DaGwL pb\3f]if0f M

-!_ o; ;+ul7t ;+:yfsf] ;+:yfks, ;~rfns jf sfo{sf/L k|d'v shf{ ;"rgf s]Gb|sf] sfnf] ;"rLdf /x]sf 5}gg\ .

-@_ o; ;+ul7t ;+:yfsf] ;~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 lgisfzgdfkm{t ;j{;fwf/0faf6 k"FhL ;+sng u/L a]kQf ePsf jf ;+rfngdf g/x]sf jf nufgLstf{x¿sf]

lxtljk/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; ;+ul7t ;+:yfsf] ;~rfns jf sfo{sf/L k|d'v lwtf]kq;DaGwL P]gsf] bkmf !)* adf]lhd ;~rfns jf sfo{sf/L

k|d'v cof]Uo /x]sf 5}gg\ .

3

u=#= ;+ul7t ;+:yf ;DaGwL hfgsf/L M

u=#=s= ;+ul7t ;+:yfsf] k[i7e"ld M

-s_ ;+:yfsf] gfd M lzjd\ l;d]G6;\ lnld6]8 (Shivam Cements Limited)

-v_ ;+:yf s'g P]g cGtu{t :yflkt ePsf] ;f] s'/f M sDkgL P]g, @)^# cGtu{t :yflkt .

-u_ ;+:yfsf] /lhi68{ 7]ufgf M o; sDkgLsf] /lhi68{ sfof{no dsjfgk'/ lhNnf, x]6f}+8f pk dxfgu/ kflnsf j8f g+= !^, xl6of

tyf skf]{/]6 sfof{no sf7df08f} lhNnf sf7df08f} dxfgu/kflnsf j8f g+= !! l;4fy{ O{G;'/]G; ejg bf];|f] tNnf cgfdgu/,

sf7df08f}+df /x]sf] 5 . cfjZostfg';f/ :jLs[lt lnO{ sDkgLsf] /lhi68{ sfof{no :yfgfGt/0f ug{ / g]kfn leq jf ljb]zdf

zfvf sfof{no vf]Ng ;lsg] 5 .

-3_ sf/f]jf/ ug]{ d'Vo :yfg M o; sDkgLsf] sf/f]jf/ ug]{ d'Vo :yfg sDkgLsf] /lhi68{ sfof{no dsjfgk'/ lhNnf, x]6f}+8f pk dxfgu/

kflnsf j8f g+= !̂ , xl6of, skf]{/]6 sfof{no sf7df08f} lhNnf sf7df08f} dxfgu/kflnsf j8f g+= !! l;4fy{ O{g;'/]G; ejg bf];|f] tNnf

cgfdgu/, sf7df08f}+ /x]sf]5 . / pBf]u :yn dsjfgk'/ lhNnf, x]6f}+8f pk dxfgu/ kflnsf j8f g+= !̂ , xl6of /x]sf]5 . zfvf sfof{no

emfkf lhNnf, ljtf{df]8 gu/kflnsf j8f g+= & tyf df]/Ë lhNnf s6x/L ufpF ljsf; ;ldlt j8f g+= * / k/jfgLk'/ jf/fdf

/x]sf 5g . ;DalGwt lgsfoaf6 :jLs[lt lnO{ g]kfnsf cGo :yfgx?df sfof{nox? vf]Ng ;Sg]5 .

-ª_ ;+ul7t ;+:yfsf] :yfkgfsfn b]lv xfn;Ddsf] ;+lIfKt Oltxf; / ;+ul7t ;+:yfsf] d'Vo p2]Zox?M

sDkgLsf] :yfkgfsfn b]lv xfn;Ddsf] ;+lIfKt Oltxf; b]xfo adf]lhd /x]sf] 5 M

-!_ >L lzjd\ l;d]G6;\ lnld6]8 sf] ldlt @)^).)@.!# ut] sDkgL /lhi6«f/sf] sfof{nodf btf{ eO{ ldlt @)&@.)$.)*

ut] sDkgL /lhi6«f/sf] sfof{nosf] lg0f{o cg';f/ k|f=ln= af6 kl/jt{g eO{ klAns lnld6]8sf] ?kdf lzjd\ l;d]G6;\

lnld6]8 -sDkgL btf{ g+= !#&@!)_ df clen]v eO{ sf/f]af/ ;+rfng ub{} cfPsf] sDkgL xf] .

-@_ l;d]G6 pTkfbg ug]{ p2]Zo pNn]v eO{ 7"nf pBf]usf] ?kdf >L lzjd\ l;d]G6;\ lnld6]8n] ldlt @)^!.)$.@^ ut]

pBf]u ljefuaf6 pBf]u btf{ k|df0fkq -pBf]u btf{ g+= #%)*÷&((÷@)^!–)^@_ k|fKt u/]sf] 5 . ;+ul7t ;+:yfsf]

Kofg /lhi6«]zg g+= #)@$#^@!# /x]sf] .

-#_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] ;'sf}/f uflj; j8f g+= #, $ / ^ tyf 7Lug uflj; j8f g+= ( df /x]sf] /fli6«o

jgIf]qsf] !)=@^ x]S6/ jg If]q r'g9'Ëf pTvggsf nflu pkof]u ug{ g]kfn ;/sf/ dlGqkl/ifbsf] lg0f{oaf6 ldlt

@)&!.)&.@& ut] cg'dlt k|fKt u/]sf] tyf ef]uflwsf/ cg'dlt k|fKt u/]sf] ldltaf6 !% jif{;Dd cg'dlt jxfn

/xg] .

-$_ ;+ul7t ;+:yfn] g]kfn ;/sf/ dlGqkl/ifbsf] lg0f{oaf6 dsjfgk'/ lhNnf ;fljs a'l9rf}/ uf=lj=;= j8f g+= ^ xfn

dsjfgk'/u9L ufpFkflnsf j8f g+= * df cjl:yt vfgL If]qsf] @(=!$ x]S6/ /fli6«o jg If]qsf] hUuf r'g9'Ëf

pTvggsf nflu pkof]u ug{ ldlt @)&$.!).!% ut] cg'dlt k|fKt u/]sf] tyf ef]uflwsf/ cg'dlt k|fKt u/]sf]

ldltaf6 ( jif{;Dd cg'dlt jxfn /xg] .

-%_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] ;'sf}/f÷j'l9rf}/ df @=** ju{ ls=ld= If]q vfgL tyf e'uj{ ljefuaf6 ldlt

@)^$.)&.@! b]lv @)*$.)&.@) ;Dd cg'dlt jxfn /xg] u/L ldlt @)^$.)&.@! df r'g9'Ëf vfgL pTvgg

sfo{sf] nflu cg'dlt kq g++=&*.)^$.)^% k|fKt u/]sf] .

-^_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] Okf kGrsGofdf /x]sf] (=(( ju{ ls=ld= If]q vfgL tyf e'uj{ ljefuaf6 ldlt

@)^^.)*.@# b]lv @)*^.)*.@@ ;Dd cg'dlt jxfn /xg] u/L r'g9'Ëf vfgL pTvgg sfo{sf nflu ldlt

@)^^.)*.@# df cg'dlt kq g+=&*.)^^.)^& k|fKt u/]sf] .

-&_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] ;'sf}/f÷ j'9Lrf}/ df /x]sf] )%=)) ju{ ls=ld= If]q vfgL tyf e'uj{ ljefuaf6

ldlt @)^#.!!.@# b]lv @)*#.!!.@@ ;Dd cg'dlt jxfn /xg] u/L r'g9'Ëf vfgL pTvgg sfo{sf nflu ldlt

@)^#.!!.@# df cg'dlt kq g+= $&.)^#.)^$ k|fKt u/]sf] .

-*_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] ;'sf}/f÷ j'9Lrf}/ df /x]sf] )#=)) ju{ ls=ld= If]q vfgL tyf e'uj{ ljefuaf6

ldlt @)^^.)*.@# b]lv @)*^.)*.@@ ;Dd cg'dlt jxfn /xg] u/L r'g9'Ëf vfgL pTvgg sfo{sf nflu ldlt

@)^^.)*.@# df cg'dlt kq g++= &(.)^^.)^& k|fKt u/]sf] .

mailto:%5e%5e.)*.@

4

-(_ ;+ul7t ;+:yfn] dsjfgk'/ lhNnfsf] O{kf, kGrsGoff÷ l+7+ug df /x]sf] )%=&^ ju{ ls=ld= If]q vfgL tyf e'uj{

ljefuaf6 ldlt @)^(.!).!) b]lv @)&#.!).)( ;Dd cg'dlt jxfn /xg] u/L r'g9'Ëf vfgL vf]h tnf; sfo{sf

nflu ldlt @)^(.!).!) df cg'dlt kq g++= !@%.)^(.)&) k|fKt u/]sf] / ;f] vfgL cgdlt kq cGt/ut r'g9'Ëf

pTvgg\ of]hgf k]z u/]sf]df vfgL tyf e“ue{ ljefuaf6 :jLs[lt k|fKt eO{ EIA ug{] k|lqmof k|f/De ul/Psf] .

-!)_ ;+ul7t ;+:yfn] ldlt @)&@.)%.@& df sf/f]jf/ ug{] :jLs[ltsf] sDkgL /lhi6«f/sf] sfof{noaf6 kq k|fKt u/]sf] .

-!!_ /fli6«o jg If]qdf r'g9'Ëf pTvggsf nflu tof/ ul/Psf] k|f/lDes jftfj/0fLo kl/If0f k|ltj]bg ldlt

@)&).)(.)$ ut] jg ljefuaf6 l:js[t k|fKt ePsf] .

-!@_ dsjfgk'/ lhNnfsf] j'9Lrf}/ uf=lj=;=df r'g9'Ëf pTvggsf nflu tof/ ul/Psf] jftfj/0fLo k|efj d"NofÍg

k|ltj]bg hg;+Vof tyf jftfj/0f dGqfnoaf6 ldlt @)&$.)#.@% ut] l:js[t k|fKt ePsf] .

-!#_ r'g9'Ëf pTvggsf nflu tof/ ul/Psf] k|f/lDes jftfj/0fLo kl/If0f k|ltj]bg vfgL tyf e"ue{ ljefuaf6 ldlt

@)&@.)^.)& ut] / ;+zf]lwt ?kdf ldlt @)&#.)$.@# ut] l:js[t k|fKt ePsf] .

-!$_ ;+ul7t ;+:yfn] pBf]u ljefuaf6 k'FhL tyf Ifdtf j[l4 ;DaGwdf ldlt @)&$.)#.@@ ut] k"FhL tyf Ifdtf j[l4

cg'dlt k|fKt ePsf] . ;+zf]lwt Ifdtf cg';f/ ;+ul7t ;+:yfsf] lSnÍ/ Ifdtf #))) l6lkl8 tyf ljB't zlQm

@*))) s]eLP /x]sf] 5 .

-!%_ ;+ul7t ;+:yfsf] Ifdtf clej[l4 ;DjlGw ;+zf]lwt jftf/0fLo kl/If0f k|ltj]bg ldlt @)&$.)@.!* sf] lg0f{ofg';f/

pBf]u ljefuaf6 l:js[t k|fKt ePsf] .

-!^_ cf= j= @)&#.)&$ sf] :yL/ ;DklQ ?= $ cj{ !( s/f]8 nfO{ cfwf/ dfgL k|If]k0f ubf{ pBf]usf] ;fwf/0fdf nufgL

lkmtf{ x'g] cjlw (Normal Pay Back Period) @ jif{ ^ dlxgf /x]sf] 5 / l8:sfp06df nufgL lkmtf{ x'g] cjlw

(Discounted Pay Back Period) # jif{ ^ dlxgf /x]sf] 5 .

pQm nufgL lkmtf{ x'g] cjlwsf] lx;fj u0fgf ubf{ lzjd l;d]G6;\ ln=sf] ;xfos sDkgL lzjd xf]lN8FU; k|f= ln=

dfkm{t xf]8=zL lzjd l;d]G6 k|f= ln= df nufgL u/]sf] z]o/ /sdnfO{ ;dfj]z ul/Psf] 5}g . xf]8=zL lzjd l;d]G6

k|f= ln=n] pBf]u lgdf{0f sfo{ ;DkGg u/L Joj;flos pTkfbg z\? Ul/;s]sf] / nufgL lkmtf{ x'g] cjlw % jif{ ^

dlxgf /x]sf]5 .

sDkgLsf] k|aGwkqsf] bkmf $ cg';f/ sDkgLsf] d'Vo p2]Zox¿ b]xfo adf]lhd /x]sf 5g\ .

s_ :jLs[t lng'kg]{df :jLs[tL lnO{ b]zsf] ljsf; sfo{df cfjZos kg]{ l;d]G6sf] j9\b} uO/x]sf] dfunfO{ dWogh/ /fvL

cfw'lgs d]lzg / k|ljlw hl8t l;d]G6 sf/vfgfsf] :yfkgf u/L sRrf kbfy{x? cfoft u/L tyf :yflgo jhf/af6

vl/b u/L lSnªs/ tyf ljleGg k|sf/ / u|]8sf l;d]G6 pTkfbg u/L :jb]zdf ljqmL ljt/0f ug'{sf] ;fy} ljb]zdf

;d]t lgof{t u/L ljb]zL d'b|f cfh{g ug]{ .

v_ sDkgLsf] p2]Zo lj:tf/ x'Fb} hfFbf cfw'lgs d]lzg / k|ljlw hl8t l;d]G6 sf/vfgfsf] :yfkgf u/L lSnÍ/af6

cf]l8{g/L kf]6{n]08 l;d]G6 tyf kf]hf]nfgf kf]6{n]08, :nfu nufotsf ljleGg lsl;dsf l;d]G6x? pTkfbg ug]{ .

u_ sDkgLaf6 pTkflbt jf cfofltt l;d]G6 tyf lSnªs/sf] ljqmL ug{] tyf sDkgLsf nflu cfjZos kg]{ ljleGg

sRrf kbfy{x? vl/b ug{ :jb]z tyf ljb]zdf Ph]G6, l8li6Jo'6/, l8n/ ;j l8n/ cfbL lgo'Qm ug]{ .

3_ l;d]G6;+u ;DjlGwt vlgh kbfy{x?sf] cGj]if0f ljsf; tyf pTvgg\ sfo{ ug]{ .

ª_ l;d]G6 cfk"lt{, ;KnfO{ ;DjGwL 7]Ssf k§fdf efu lng] / ;Demf}tf cg';f/ sfo{ ug]{ u/fpg] .

r_ :jLs[t lng'kg]{df ;DjlGwt lgsfoaf6 :jLs[t lnO{ ;'ljwf ;DkGg k]6«f]n kDksf] :yfkgf u/L k]6«f]lnlod kbfy{,

k]6«f]n, df]ljn, lu|h, dl§t]n cfbL vl/b u/L tyf cfoft u/L k]6«f]lnod kbfy{x? ljqmL ljt/0f ug]{ .

5_ :jLs[t lng'kg]{df :jLs[t lnO{ vfgL cGj]if0f vf]htnf; v/Lb / ;+rfng ug]{ .

h_= l;d]G6, lSnÍ/ / l;d]G6df cfwfl/t cGo pTkfbgx? pTkfbg ug{sf] nflu o;} sDkgLaf6 :jLs[t lnO{ ug]{ .

em_= l;d]G6 pBf]u :yfkgf tyf ;+rfng ug{ cfjZos kg{] d]lzg pks/0f 7]Ssf jf ef8fdf lng] lbg],sf/vfgf :yfkgf

tyf r'g9'+uf pTvgg\ ug{] ;DalGw k|fljlws ;]jf k|bfg ug{], 7]Ssf k6[fdf efu lnO{ sfo{ ug{] .

-r_ ;+ul7t ;+:yfsf] 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_ M ;xfos sDkgLsf] ?kdf lzjd xf]lN8U; k|f= ln= gfds sDkgL ldltM @)&!.!).@^ df

5

btf{ g+= !#@)^$ df sDkgL P]g @)^# adf]lhd btf{ ePsf] / :yfoL n]vf g+= ^)@$&)&#& cfGtl/s /fh:j sfof{no,

sf7df8f}+df btf{ /x]sf] 5 . xfn pQm sDkgLdf z]o/ nufgL k|ltzt ** lzjd l;d]G6;\ / ^ k|ltzt >L lbks s'df/ emf

tyf ^ k|ltzt >L ljgf]b s'df/ >]i7sf]] z]o/ nufgL 5 . cTofw'lgs k|ljlwo'Qm l;d]G6 pBf]u :yfkgf u/L ;+rfng ug{]

nufotsf p4]Zox? ePsf] pQm ;xfos sDkgLsf] clws[t tyf hf/L k"+hL ?= $ cj{ /x]sf] 5 .

o;sf] pB]Zo b]xfo adf]lhd /x]sf] 5 .

s_ ljb]zL gful/s, ljb]zL ;+3 ;+:yf, jf sDkgL;+usf] ;xsfo{ / ;+o'Qm nufgL jf ;+o'Qm pkqmd (Joint Venture Invesment) df g]kfnsf] ljsf;sf nflu cfjZos pBf]u Joj;fo ;+rfng ug{] ;DalGw sfo{x?

ug{] .

v_ ljleGg k|sf/sf pBf]u Pj+ sDkgLx?df z]o/ nufgL u/L pQm pBf]u Joj;fosf] Joj:yfkg ;DalGw sfo{x?

ug{], u/fpg] .

u_ :jb]zL jf ljb]zL JolQm jf ;+3 ;+:yf;+u ;Dks{ lj:tf/ u/L :jb]zdf nufgL leqofpg] . pBf]u Joj;fo

;+rfng u/L b]zdf cf}wf]lus pTkfbgx?sf] ljsf;df ;xof]u k'Ug] sfo{x? ug{] .

;+ul7t ;+:yfsf] ;xfos sDkgL lzjd\ xf]lN8U; k|f=ln= sf] ljQLo ljj/0f tyf nufgL ;DjGwL ljj/0f b]xfo adf]lhd /x]sf] 5 .

jf;nft

cf=a= 2074÷75

-? xhf/df_

laj/0f cf=a= 2074÷75 cf= j= @)&#÷&$

;Dklt

nufgL

nufgL 3,821,996.90 1,305,000.00

z]o/ P8efG; 0.10 149,710.00

rfn' ;DklQ

gub tyf a}+s df}Hbft 116.78 117.75

hDdf rfn' ;DklQ 116.78 117.75

hDdf ;DklQ 3,822,113.78 1,454,827.75

k"+hL

z]o/ k"+hL 3,824,662.60 1,450,000.00

z]o/ cfj]bg

7,375.63

hu]8f k"hL -9,798.79_ -2,806.38_

hDdf k"+hL 3,814,863.81 1,454,569.25

rfn' bfloTj

rfn' tyf cGo bfloTj 7,249.97 258.50

hDdf rfn' bfloTj 7,249.97 258.50

hDdf k"+hL tyf bfloTj 3,822,113.78 1,454,827.75

6

cfo laj/0f

-? xhf/df_

laj/0f cf=a= 2074÷75 cf=a= 2073÷74

lalqm

lalqmsf] k/n d'No

v'b d'gfkmf

k|zf;lgs tyf lalqm lat/0f vr{ 6,992.42 332.93

s/ s6\6L cl3sf] d'gfkmf -6,992.42_ -332.93_

cfos/

s/ s6\6L kl5sf] d'gfkmf hu]8f sf]ifdf

:yfgfGt/0f -6,992.42_ -332.93_

lzjd\ xf]lN8U; k|f=ln= sf] nufgL /x]sf] xf]ªzL l;d]G6 k|f=ln= sf] lj:t[t ljj/0f b]xfo adf]lhd /x]sf] 5 .

xf]8=zL lzjd l;d]G6 k|f= ln= nufgL jf]8{ P]g @)^* adf]lhd g]kfn ;/sf/ nufgL af]8{sf] :jLs[lt adf]lhd sDkgL P]g

@)^# cg';f/ k|f= ln= btf{ g+= !$)$)(.)&@.)&# ldltM @)&@.)^.)^ df sDkgL /lhi6|f/sf] sfof{nodf btf{ ePsf] xf] /

cfGtl/s /fh:j sfof{no, sf7df8f}+af6 :yfoL n]vf g+= ^)#^!$!))# k|fKt ug'{sf ;fy} pBf]u ljefudf 7"nf

pTkfbgd"ns pBf]u cGt/ut ldlt @)&@.)*.@* df pBf]u btf{ k|df0f kq k|fKt u/]sf] 5 . xfn pQm sDkgLdf #)

k|ltzt z]o/ nufgL :jb]zL lzjd xf]lN8 =;\ k|f= ln= / &) k|ltzt z]o/ nufgL ljb]zL ;+:yf >L HONGKONG RED

LINE CEMENT NO.3, x8=s8= sf] /x]sf] 5 . ;fy} o; sDkgLsf] xfnsf] lSn8=s/ tyf l;d]G6 pTkfbg ug{] b}lgs ^)))

d]= 6g= Ifdtfsf] pBf]u :yfkgf k|b]z g+= $ cGt/ut k"jL{ gjnk/f;L lhNnfsf] ljgoL lqj]0fL ufFpkflnsf j8f g+= #

;fljs j]lgdl0fk'/ uf= lj= ;= j8f g+= # df cTofw'lgs k|ljlwo'Qm pBf]u :yfkgf ul/ Joj;flos pTkfbg z'? ul/;s]sf]

5 .

lzjd\ l;d]G6; ln= / xf]ªzL lzjd l;d]G6 k|f=ln= jLr b]xfosf sf/0fx?n] ubf{ :jfy{ gjflemg] Joxf]/f ;d]t cg'/f]w 5 .

!= b'j} sDkgLsf] pB]Zo ldNbf] h'Nbf] ePtf klg lzjd l;d]G6;\ ln= n] cfkm\gf pTkfbgsf] ahf/ lj:tf/ u/L cfkm\gf]

pBf]usf] k"0f{ Ifdtfdf ljut jif{x? b]lv g} pTkflbt lzjd j|f08sf] cf]= lk= l;= l;d]G6 dfq pTkfbg / ljqmL

ljt/0f ul/ cfPsf]n] gofF cfpg] s'g} csf{] pBf]un] o;sf] ahf/ lx:;f / u|fxsx?af6 cToflws dfqfdf /f]hfO{sf]

a|f08 aGg ;kmn ePsf sf/0f :jfy{ aflemg] ;Defjgf cToGt Go'g /x]sf] 5 .

@ g]kfndf pTkflbt l;d]G6sf] ahf/ dfu / cfk"lt{sf aLrdf 7"nf] cGt/ /x]sf] x'+bf ef/t nufotsf b]zx?af6 cfh

klg l;d]G6sf] cfoft eO{ /x]sf] x'+bf g]kfndf g} pknJw ePsf] cj:yfdf cfGtl/s k|lt:kwf{ eGbf klg cfoft

k|lt:yfkgsf sf/0f g]kfndf :jfy{ aflemg] cj:yf cToGt Go"g /x]sf] b]lvG5 .

#= l;d]G6sf] d"Nodf 9'jfgL ef8fsf sf/0f d"Nodf k|efj kfg{ hfg] oyf{y cj:yf ljBdfg ePsf]df lzjd l;d]G6sf]

pBf]u dsjfgk'/ lhNnfsf] x]6f}+8fdf cjl:yt 5 eg] xf]8 =zL lzjd l;d]G6sf] pBf]u gjnk/f;Ldf cj:yLt ePsf]

x'+bf lzjd l;d]G6sf] ahf/ lx:;f sf7df8f}+ nufot k"j{ tkm{ al9 /x]sf] / klZrd If]qdf lzjdsf] pkl:ytL

cToGt Go"g ePsf]n] klZrd If]qdf xf]8 =zL lzjd l;d]G6sf] ahf/ lj:tf/ ug{ ;xh x'g] b]lvPsf] x'+bf :jfy{

aflemg] cj:yf cToGt Go"g /x]sf] 5 . ;fy} xf]8 =zL lzjd l;d]G6sf] ;+rfns ;ldltdf @ hgf ;+rfnsx? lzjd

l;d]G6;\ ln= af6 lgo'Qm k|ltlglwx? g} /x]sf], /xg] x'+bf b'j} pBf]unfO{ ;dGjo u/L ;+rfng x'g]5 .

$= o; pBf]usf] lzjd xf]lN8=; k|f= ln= dfkm{t nufgL /x]sf] xf]8=zL lzjd l;d]G6 k|f=ln=af6 cfh{g x'g] d"gfkmf ;d]t

o; lzjd l;d]G6;\ ln=n] ;d]t k|fKt ug{] x'+bf :jfy{ aflemg] cj:yf g/x]sf] .

7

-5_ b]xfosf s'/fx? ;d]t pNn]v ug'{ kg]{ -nfu' x'g] xb;Dd_ M

-!_ ;+ul7t ;+:yfn] pTkfbg ug]{ j:t' jf k|bfg ug]{ ;]jfx? M r'g9'+uf pTvgg\ / k|zf]wg u/L cTofw'lgs k|ljlw hl8t

Knf06 P08 d]lzg/Laf6 pRr Sjfln6Lsf] lSnªs/ tyf ljleGg u|]8sf l;d]G6 pTkfbg tyf ljqmL ljt/0f ug{] .

-@_ k|of]u ePsf] jf ul/g] k|ljlw M ;+ul7t ;+:yfn] hd{g 6]Sgf]nf]hLaf6 ag]sf] pko'Qm pTkfbg k|ljlwx?M hl8t cfw'lgs

/f]6/L lsNg / /f]n/ k|]if u|fO{lG8Ë pks/0f k|of]udf NofPsf] 5 . ;fy}, ;+ul7t ;+:yfn] jfo' k|b'if{0f lgoGq0fsf nflu

Aofu lkmN6/ / Aofu xfp; h:tf] cfw'lgs k|ljlw k|of]udf NofPsf] 5 .

-#_ s'g} a||fG8g]d, k|ltlnlk clwsf/, 6«]8dfs{, Ohfhtkq, k|fljlws ;xof]u ;Demf}tf / ;+ul7t ;+:yf;Fu ;DalGwt af}l4s

;DklQ xs clwsf/ M ;+ul7t ;+:yfn] pTkfbg ug{] l;d]G6sf] a|f08g]d lzjd cf]= lk= l;= l;d]G6 /x]sf] 5 . pQm

a|f08g]dnfO{ 6\]8dfs{ ;DalGw P]g adf]lhd pBf]u ljefuaf6 6|]8dfs{ lrGx btf{ k|df0f kq k|fKt u/]sf] 5 , 6«]8dfs{

/lhi6«]zg k|df0f kq g+= #!&*(÷#!&() /x]sf] 5 . pQm 6|]8dfs{ lrGx nufotsf sDkgLn] k|fKt u/]sf cGo k|df0f

kqx? sDkgLsf cf}wf]lus ;DklQ tyf af}l4s ;DklQsf] xs sDkgLdf ;'/lIft /x]sf 5g .

-$_ ;+ul7t ;+:yfn] cf]u6]sf] ahf/ If]q M ;+ul7t ;+:yfn] pTkflbt j:t' ljqmL ljt/0fsf nflu pko'Qm ljt/0f k|0ffnL ckgfPsf]

5 . dsjfgk'/ sf7df08f}, nlntk'/, eQmk'/, sfe{], l;Gw'kfNrf]s, bf]nvf, lrtjg, gjnk/f;L, wflb8=, /f}tx6,

;nf{xL, lj/u+h, l;Gw'nL, hgsk'/, nfxfg, l;/fxf, nfnjGbL, ;Kt/L, df]/Fu, lj/f6gu/, ;'g;/L, O6x/L, emfkf,

sfs8le§f, Onfd, kfFry/, tfKn]h'Ë, lxn], wgs'6f tyf pQm If]q cf;kf;sf If]qx? tyf kf]v/f, tgFx', uf]/vf,

:of*=hf / kj{t, ndh'Ë, a]gL, afUn'Ë ;d]tsf If]q ;+ul7t ;+:yfn] cf]u6]sf] k|d'v jhf/ If]qx? x'g . pNn]lvt

:yfgx?sf cltl/Qm b]zsf cGo If]qx?df ;d]t ahf/ lj:tf/sf] tof/L ul/Psf]5 . pko'Qm ljt/0f k|0ffnL dfkm{t

pTkfbLt l;d]G6 ljqmL ljt/0f ug{] ul/Psf] 5 . sDkgLn] pTkfbg u/]sf] cf]= lk=l;= l;d]G6 Sjfln6L, pTkfbg Ifdtf,

jhf/ lx:;f, 8]lne/L l;i6d, ljlqmkl5 sDkgLn] k|bfg ug{] lgM z'Ns k|fljlws ;]jf / ahf/ k|j{4g;+u ;DalGwt

sfo{x? ;d]tsf sf/0f b]ze/ lnl8Fu a|f08sf] ?kdf :yflkt ePsf] 5 . ;fy} g]kfn aflx/ ef/tdf ;d]t lgsf;L u/L

ljb]zL d'b|f cfh{g ug{ ef/tLo u'0f:t/ xg{] ;/sf/L ljefuaf6 lzjd a|f08sf l;d]G6sf] u'0f:t/ k/LIf0fdf ef/tLo

dfkb08 k'/f u/L BIS Certification Mark ;d]t k|fKt u/]sf]5 .

-%_ gofF pTkfbg tyf ;]jf ;DaGwL of]hgfM xfn sDkgLn] cf]= lk= l;= l;d]G6df kmf]s; u/]sf] ePtf klg cfufdL lbgdf

cfpg ;Sg] ahf/sf] dfunfO{ Wofgdf /fvL lk= lk= l;= , :nfu l;d]G6 nufotsf cGo ljleGg a|f08 / u|]8sf l;d]G6

pTkfbg u/L ahf/sf] cfjZostfnfO{ kl/klt{ ug{] of]hgf /x]sf]5 . pBf]un] pTkfbg ljljlws/0f ug{ ;Sg] u/L

;+/rgf agfOPsf] 5 .

-̂ _ pTkfbg tyf ;]jfsf] k|d'v ahf/ / To;sf] dfu / laqmL ljt/0fsf] tl/sf M sDkgLsf] pBf]u /x]sf] lhNnf dsjfgk'/ /

cGo lhNnf tyf :yfgx? s|dzM sf7df08f}, nlntk'/, eQmk'/, sfe{], l;Gw'kfNrf]s, lrtjg, gjnk/f;L, wflb8 =,

/f}tx6, ;nf{xL, lj/u+h, l;Gw'nL, hgsk'/, nfxfg, l;/fxf, nfnjGbL, ;Kt/L, df]/Fu, lj/f6gu/, ;'g;/L, O6x/L, emfkf,

sfs8le§f, Onfd, kfFry/, tfKn]h'Ë, lxn], wgs'6f tyf pQm If]q cf;kf;sf If]qx? / kf]v/f, tgFx', uf]/vf, :ofFhf /

kj{t, ndh'Ë, a]gL, afUn'Ë ;d]tsf If]qx?df pTkflbt l;d]G6 ljqmL ljt/0fsf] nflu sDkgLn] @ k|sf/sf ljt/0f

k|0ffnL cjnDag u/]sf] 5 . h;df l8n/ ljt/0f k|0ffnL dfkm{t xf]n;]n/, l/6]n/ x'bF} u|fxs;Dd k'/ofpg] / csf{]

pBf]uaf6 ;f]em} 7'nf 7'nf kl/of]hgf k|f]h]S6x?df 8fO{/]S6 ;KnfO{ ug{] Joj:yf ul/ ljqmL ljt/0f ug]{ ul/Psf] 5 .

;fy} ahf/ k|j{4gsf sfo{x? ;+rfng ug{] ul/Psf]5 .

-&_ pTkfbg÷;+rfng Ifdtf / ;f] sf] pkef]u l:ylt M cf=j= @)&#÷)&$ df lSnÍ/ #%&,*(& d]l6«s 6g tyf cf]lkl;

l;d]G6 %$&,$@) d]l6«s 6g pTkfbg u/L ljqmL ljt/0f u/]sf]5 / cf=j= @)&$÷)&% df lSnÍ/ $*^,$@% d]l6«s

6g tyf cf]lkl; l;d]G6 ^(),#)^ d]l6«s 6g pTkfbg u/L ljqmL ljt/0f u/]sf]5 . l;d]G6 pTkfbgsf] nflu ! KnfG6

/x]sf] 5 h;sf] pTkfbg Ifdtf k|lt lbg #))) l6lk8L (Tonne per Day) / lSnË/sf] pTkfbg Ifdtf !())

l6lkl8 (Tonne per Day) /x]sf] 5 .

-*_ sRrf kbfy{sf] >f]t, lsl;d / pknAwtf M dsjfgk'/ lhNnfdf /x]sf] ;fljs ;'sf}/f, j'l9rf}/, Okf kGrsGof, l7+ug

If]qsf] /fli6«o jg If]q ;d]tdf cjl:yt r'g9'Ëf pTvgg\ ;DjlGw sfo{sf] nflu vfgL tyf e"ue{ ljefuaf6 cg'dtL

k|fKt ePsf] / g]kfn ;/sf/ dlGqkl/ifbsf] lg0f{on] jg If]qsf] hUufdf ;d]t r'g9'Fuf vfgL ;+rfng ug{ jg If]qsf]

hUuf k|of]u ug{ lbg] ;DalGw lg0f{o eO{ jg ljefu;+u ;Femf}tf ePsf]n] l;d]G6sf] d'Vo sRrf kbfy{ r'g9'+ufsf] ;xh

pknAwtf /x]sf] 5 . ;fy} cGo sRrf kbfy{x? h:t} sf]Onf, lhD;d cfO{/g cf]/, cfkm\g} pTkfbgn] gk'u x'g]

lSn8=s/ , KoflsFu d]6]l/oN; nufotsf sRrf kbfy{x? cfoft tyf :yfgLo ahf/af6 vl/b u/L k|of]u ub{} cfO{/x]sf

8

5f}+ .

-(_ u'0f lgoGq0fsf] nflu ul/Psf] Joj:yf M cTofw'lgs hd{g k|ljlwo'Qm KnfG6 P08 d]lzg/L hl8t pBf]usf] lgdf{0f, r'g

9'Ëf ;+sngsf] nflu k|ofKt If]qkmn ;lxtsf] r'g 9'Ëf /fVg ;Sg] Ifdtfo'Qm e08f/0f sIo, jftfj/0fLo jfo' k|b'if{0f

lgoGq0fsf nflu Aofu lkmN6/ / Aofu xfp; lgdf{0f tyf g]kfn u'0f:t/ lrGx ,g]kfn :6\of088{ $(, Bureau of

Indian Standard Certification Mark, cfOP;cf] k|df0f kq !$))!M@))$, cfO;cf] k|df0f kq ())!M@))* /

cf]PrP;PP; OHSS k|df0f kq !*))!M@))& sf] dfGotf k|fKt u/]sf] 5 . pBf]udf @$;} 306f cfkm\g}

cTofw'lgs Nofjaf6 x/]s !, !, 306fdf pTkfbg k/LIf0f ug{] ul/Psf] 5 . r'g9'+Fufsf] u'f0f:t/ kl/If0fsf] nflu

:jrflnt X-ray Machinery pBf]u d} h8Lt 5 . ;fy} pTkflbt l;d]G6sf] x/]s Jofr ;/sf/L tyf cGo lghL

Nofjx?df ;d]t lgoldt u'0f:t/ k/LIf0f ug{] ul/g'sf ;fy} l;d]G6sf] Compressive Strength kl/If0f ug{] pRr

k|ljlwo'Qm d]lzg/L hl8t 6]lSgsn Eofgaf6 l;d]G6sf] 1fg ePsf cg'ejL O{lGhlgo/, k|fljlws dfkm{t lgM z'Ns

lgdf{0f:yndf uO{ cfkm\gf] l;d]G6sf] u'0f:t/sf] hfgsf/L u/fpg] Joj:yf ldnfO{Psf] 5 . sDkgLn] pTkfbg u/]sf]

l;d]G6 pRr u'0f:t/Lo /x]sf] 5 .

-!)_ cg';Gwfg tyf ljsf; M l;d]G6sf nflu cfjZos kg{] d'Vo sRrf kbfy{ l;d]G6 u|]8 r'g9'Fuf sf] vf]h tnf;,

cg';Gwfg u/L pTvgg\ ug{ ;Gbe{df g]kfn ;/sf/ vfgL tyf e'ue{ ljefu ;d]taf6 lgodf adf]lhd cg'dlt lnO{

b]zsf ljleGg :yfgx?df cg';GwfTds sfo{ x? lgoldt ?kdf ug{] ul/Psf] 5 . h:t} dsjfgk'/, lrtjg, wflbFu,

g'jfsf]6, kfNkf, pbok'/ sf pRr kxf8L efux?df k|ofKt dfqfdf vf]h tnf; / ljsf;;+u ;DalGw sfo{ u/L

k|ltj]bg tof/ kf/L pTvgg\ cg'dlt kqsf nflu k'jf{wf/sf sfo{x? Ul/Psf 5g .

-!!_ ljut !@ dlxgfsf] cjlwdf ;+:yfsf] ;+rfngdf c;/ kg]{ u/L ePsf] jfwf, Jojwfg M ljut !@ dlxgfsf] cjlwdf

;+ul7t ;+:yfsf] ;+rfngdf c;/ kg]{ u/L s'g} jfwf Jojwfg g/x]sf] .

-!@_ dhb'/ ;+u7g;Fusf] ;DaGw / ljutdf s'g} cf}Bf]lus ljjfb ePsf] eP, ;f] ;DaGwL ljj/0f M ;f] gePsf] .

-!#_ ahf/, k|lt:kwf{ / cGo ;dfg pBf]ux? aLr ;+ul7t ;+:yfsf] l:ylt M sDkgLn] pTkfbg u/]sf] l;d]G6sf] ahf/ lx:;f

cToGt pT;fxhgs /x]sf]5 . OPC Segment df g]kfns} cu|:yfg cf]u6\g ;kmn ePsf] 5 . g]kfndf :yflkt cGo

pBf]ux?n] klg o; sDkgLnfO{ ln8 sDkgL / ln8 a|f08sf ?kdf x]g{] u/]sf 5g . ca kfOknfO{gdf /x]sf

pBf]ux?af6 cjnDag ul/g] ahf/ lj:tf/sf of]hgfx?nfO{ rgfvf] ?kdf x]/L cfufdL lbgdf ;d]t ahf/df cfkm\gf]

l:ytL lnl8Fu a|f08sf ?kdf :yflkt /xg] ljZjf; sDkgLn] u/]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 M gePsf] .

-!%_ 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_ MgePsf] .

u=#=v= ;DklQsf] ljj/0f M

-s_ ;+ul7t ;+:yfsf] pks/0f -KnfG6_ tyf cGo ;DklQ /x]sf] :yfg / pks/0f tyf ;DklQsf] cj:yf M

dsjfgk'/ lhNnfdf cjl:yt lzjd\ l;d]G6;\ lnld6]8sf] gfddf ;[hgf e} ;s]sf] rncrn ;DklQsf] ljj/0f lgDgfg';f/

pNn]v ul/Psf] 5 .

qm=;+= ljj/0f

@)&% ciff9 ;Ddsf]

hDdf

S Åf;s§L gx'g] ;DklQ

hUuf

268,854,015.89

V x|;s§L x'g] ;DklQ

Ans A

-l;d]G6 ldn, lSnÍ/ ldn, afp08«L jfn, 8fO/]S6/ xfp;, n]j/ Sjf6/,

e08f/ sIf, clkm; ejg, KnfG6 ejg, KnfG6 Pl/ofsf] /f]8, sd{rf/L

cfjf;, 6]Dkn_

1,468,623,796.88

Ans B

Po/ slG8;g/ P08 l6le ;]6, sDKo'6/, kmlg{r/, cGo cf}hf/x?

11,515,094.46

Ans C

48,514,344.83

48,514,344.83

9

Ans D

-l;d]G6 ldn, gofF lSnÍ/ ldn, Po/ sDk|];/, a|]s/, lSnÍs/ lu|lG8Í,

qmz/, aNs/, ;fOsn, l8lh ;]6, On]lS6«lkms];g sfo{, PS;fe]6/,

h]g]/]6/, 6«fG;kmd{/, qm]g, h]l;lj kr]{h, nf]8/, df]6/ u|of8/, dfOG;

8]enkd]06, cGo ;DklQ, Koflsª KnfG6, KnfG6 P08 d]l;g/L, 6]ln

nfOg, 6«s l6Kn/, l6Kk/, j]o6 lj|h, Xrf d]l;g

2,700,717,963.71

U Ans E (Entangibles)

l;glh{ s:6f]dfOh];g, Pr cf/ df]8'n, l6PdP;, PsfplG6ª ;km\6jo/,

PrcfP P08 k|f]h]S6 si6 df]8n

517,374.60

3 Soflk6n js{ Og k|f]u|]z

150,338,633.78

hDdf 4,649,081,224.63

-v_ a"Fbf -!_ 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 cfkm\g} ;DklQ xf] .

-u_ olb ;DklQ ;+ul7t ;+:yfsf] :jfldTjdf /x]sf] ePdf pQm ;DklQ dfly s'g} lnog jf df]6{u]h eP ;f] ;DaGwL ljj/0f M

s]lx lsQf huufx? sl/j %^ ljufxf pBf]u :ynsf hUufx? / vfgL If]qsf ^) /f]kgL hUufx? >L gljn a}+s ln=

b/jf/dfu{,sf7df8f}+ ;d]tsf ;xljQos/0f shf{ k|jfx ug{] a}+sx?sf gfddf df]6{u]h ePsf] .

-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] ;DkQLx?sf] d'No k/ndf]ndf g} /flvPsf] / k"gd{'NofÍg ul/Psf] 5}g .

-ª_ ;DklQsf] d"Nof+sg ul/Psf] t/Lsf ;DaGwL ljj/0f M sDkgLsf] ;Dk"0f{ ;DklQx? P]tLxfl;s nfut d'Nodf x|f;s6[L u/L

d'Nof+sg ul/Psf] 5 .

u=#=u= efjL of]hgf tyf /0fgLlt M

-s_ Joj;fo÷;]jfsf] a[l4sf nflu ;+:yfsf] efjL of]hgf / To:tf] of]hgfsf] k|flKtsf nflu rflng] ;doj4 /0fgLtL M

pTkfbg ljljlws/0f ug]{, pBf]u;+u ;DalGwt vfgLx?sf] cg';Gwfg tyf ljsf; ug]{, yk vfgL If]qx?sf] cg'dlt lnO{

r'g9'+uf / cfO/gcf]/sf] Joj:yf bL3{sflng ?kdf k|aGw ug]{, pBf]usf] Ifdtf lj:tf/ ug]{ tyf pko'Qm cGo :yfgdf zfvf

pBf]u vf]nL ;+rfng ug]{ of]hgf sDkgLsf] /x]sf] 5 . ;fy}, cGo of]hgfx? b]xfo cg';f/ /x]sf 5g\ .

-!_ sDkgLsf] d'Vo p2]Zo g]kfnsf] l;d]G6 pBf]u ljsf;df Ps cu|0fL sDkgLsf] ?kdf :yflkt ug'{ /x]sf]5 .

-@_ ;+ul7t ;+:yfsf] KnfG6 tyf pTkfbg IfdtfnfO{ j[l4 ug]{ tyf ;f]xL cg';f/ jhf/ lj:tf/ ug]{ .

-#_ u'0f:t/Lo pTkfbgnfO{ k|fyfldstfdf /flv b]z ljsf;, k'g{lgdf{0f tyf ef}lts k'jf{wf{/ lgdf{0fdf dxTjk"0f{ e"ldsf lgjf{x

ug]{ .

-$_ l;d]G6;+u ;DjlGwt vlgh kbfy{x?sf] cGj]if0f tyf ljsf; / pTvgg\ sfo{ ug]{ .

-%_ cGo l;d]G6 pTkfbsx?nfO{ k/fdz{ ;]jf tyf O{SjLkd]06 pknJw u/fpg] .

pQm of]hgfx? k|fKtLsf nflu xfn;Dd sDkgLn] b]xfoadf]lhdsf sfo{x? u/]sf] 5 .

!_ sDkgLn] cfkm\gf] pTkfbgx?df u'0f:t/Lotf sfod u/L lgdf{0f hutsf] ljZjf; lhTg] sfo{ u/L k|ofKt lzjd l;d]G6sf]

a|fl08Fu sfo{ ul/;s]sf] 5 . cem lj:tf/nfO{ pRr dxTj lbO{ ljqmL kl5sf] k|fljlws ;]jf ljz]if1 O{lGhlgo/x?sf] 6f]ln

dfkm{t lgdf{n:yndf g} k'uL lgM z'Ns ;]jf k|bfg ug{] sfo{ ljut jif{x? b]lv ;+rfng ug{] Ps dfq l;d]G6 pTkfbs

sDkgL /x]sf] 5 .

@_ b}lgs !@)) d]= 6g= af6 pTkfbg z'? u/]sf] pBf]un] cfkmgf] pTkfbg Ifdtf lj:tf/ ub{} nlu xfn b}lgs #))) d]=

6g= l;d]G6 pTkfbg tyf ljlqm ljt/0f z'? u/L pB]Zo xfl;n ul//x]sf] 5 .

#_= dsjfgk'/, lrtjg, wflbFu, kfNkf / g'jfsf]6 nufotsf ;Defljt r'g9'+uf / cfO/gcf]/sf ;Defljt vfgL:ynx?sf] yk

If]qsf] klxrfgsf nflu k|fyflds r/0fsf sfo{x? ul//x]sf] 5 .

-v_ k|lt:kwf{, ljBdfg cfly{s l:ylt / ;dfg lsl;dsf] pBf]usf] l:yltsf] cfwf/df ;+ul7t :f+:yfsf] Aoa;fosf] eljioM

b]zdf dfu adf]lhd l;d]G6 cfk"lt{sf] sld /x]sf] xfnsf] k[i7e"lddf l;d]G6 pTkfbg ug{' cfkm}df ;x|flgo sfd ePsf] /

l;d]G6 pTkfbg ;Fu} dfu klg lgwf{/0f x'g] / ;f]xL cg';f/ u|fxs ;d]t klxrfg eO{ jhf/df ;xh} ljqmL ljt/0f x'g] cj:yf

/x]sf] x'Fbf o; If]qdf cGo ;dfg lsl;dsf pBf]u ;+u k|lt:kwf{ /x]tf klg dfu adf]lhdsf] cfk"lt{ x'g g;s]sf] / d'Vot o;

10

pBf]un] pTkfbg ug{] l;d]G6sf] pRr:t/sf] u'0f:t/ / ljqmL kl5sf] lgz'Ns k|bfg ug{] k|fljlws ;Nnfxf, kl/of]hgf cg';f/sf]

ljZj:t/sf ljleGg u|]8 / u'f0f:t/sf sf/0f o; ;+ul7t ;+:yfn] cfkm"nfO{ jhf/df ;jn pBf]usf] ?kdf :yflkt u/fpg

;kmn ePsf] 5 . o; ;+ul7t ;+:yfn] u'0f:t/nfO{ k|fyldstf lbO{ pTkfbg ug]{ x'gfn] ;d]t o; ;+ul7t ;+:yfaf6 pTkflbt

l;d]G6n] jhf/df cfkm"nfO{ :yflkt u/fpg ;Dej ePsf] 5 . jt{dfg cj:yfdf l;d]G6sf] dfu / cfk"lt{ aLr 7'nf] cGt/

/x]sf]5 . l;d]G6sf] dfu tyf cfk"lt{sf] ljj/0f b]xfo cg';f/ /x]sf] 5 .

g]kfnL ahf/df l;d]G6sf] dfu adf]lhdsf pTkfbg / ;KnfO{ g]kfnL pBf]ux?af6 k'/f x'g g;s]sf sf/0f ljut jif{x? b]lv

g} ef/t nufotsf b]zx?af6 7"nf] dfqfdf l;d]G6 tyf lSn8 =s/ cfoft eO{/x]sf] cj:yf ljBdfg 5 . ljb]zaf6 cfofltt

l;d]G6sf] dfqfnfO{ k|lt:yfkg ug{ ;s] dfq klg pQm ahf/ lx:;f :jtxM g]kfnL pBf]ux?n] k|fKt ug{]5g .

aif{ -O{:jL ;Datdf_ l;d]G6sf] dfu -d]l6|s 6gdf_ *cfoflttaf6 cfk"lt{ -d]l6|s 6gdf_ s}lkmot

@)!% % ldlnog !.@) ldlnog

@)!^ ^ ldlnog @.&) ldlnlog

@)!& & ldlnog #.!) ldlnog

*cfoftsf] >f]tM eG;f/ ljefu, lqk'/]Zj/, sf7df8f}+sf] Website af6 ;fef/ ul/Psf].

pBf]ux?sf] kof{Kt ljsf; x'g ;s] g]kfnnfO{ cfjZos kg{] l;d]G6 ;xh} cfk"lt{ u/L ef/t nufotsf l5d]sL d'n'sx?df

;d]t lgof{t ug{ ;lsG5 . sDkgLn] ef/tLo ;/sf/L lgsfoaf6 lgof{t ug{ ;Sg] u/L pTkflbt l;d]G6sf] u'0f:t/ lrGx BIS Mark Certification ;d]t k|fKt ul/;s]sf]5 . To;}n] xfnsf] cj:yfdf o; Aoa;fodf k|lt:kwf{sf] cj:yf /x]tf klg

k|lt:kwf{sf] sf/0f j:t' ljqmL gx'g] cj:yf ;[hgf x'g ;Sg] ;Defjgf Hofb} Go"g /x]sf]5 .

u=#=3= ;~rfns ;ldltsf] ;+/rgf / k|ltlglwTj ;DaGwL Joj:yf M

sDkgLsf] lgodfjnL sf] lgod @& df ePsf] Joj:yf cg';f/ & -;ft_ hgf ;~rfns ;b:o /x]sf] ;~rfns ;ldlt /xg]

Joj:yf 5 . ;~rfns ;ldltdf ;~rfns ;b:ox¿sf] k|ltlglwTj b]xfo adf]lhd /x]sf] 5 .

;+:yfks z]o/wgLx¿af6 dgf]lgt jf lgjf{lrt

;~rfnsx¿

% hgf

;j{;fwf/0f z]o/wgLx¿af6 lgjf{lrt ;~rfnsx¿ ! hgf

:jtGq Joj;flos ;~rfns ! hgf

hDdf & hgf

gf]6M ;j{;fwf/0f z]o/wgL ;d"xaf6 x'g] ;+rfns tyf :jtGq Joj;flos ;+rfns lgo'Qm x'g afFsL /x]sf]n] ;+ul7t ;+:yfsf]

;+rfns ;+Vof xfn %hgf /x]s]f .

u=$= kF'hL ;+/rgf ;DaGwL hfgsf/L M

-s_ clws[t, hf/L tyf r'Qmf kF'hL / ;+:yfsf] :yfkgf kZrft\ ;f] df kl/jt{g ePsf] eP tT;DjGwL ljj/0f M

clws[t k'FhL M sDkgLsf] clws[t kF"hL ?=&,)),)),)),)))÷—-cIf/]kL ;ft cj{ ?k}+of_ /x]sf]5 . pQm k"FhLnfO{ ?=!))÷—sf

b/n] &,)),)),))) -;ft s/f]8_ yfg z]o/df laefhg ul/Psf] 5 .

hf/L k'FhL M sDkgLsf] hf/L k"FhL ?=$,$),)),)),)))÷—-cIf/]kL rf/ cj{ rfln; s/f]8 ?k}+of_ /x]sf]5 . pQm k"FhLnfO{

?=!))÷—sf b/n] $,$),)),))) -rf/ s/f]8 rfln; nfv _ yfg z]o/df laefhg ul/Psf] 5 .

r'Qmf k'FhL M sDkgLsf] r'Qmf k"FhL ?= #,*&,@),)),)))÷—-cIf/]kL tLg cj{ ;tf;L s/f]8 jL; nfv ?k}+of_ /x]sf]5 . pQm

k"FhLnfO{ ?=!))÷—sf b/n] #,*&,@),))) - tLg s/f]8 ;tf;L nfv aL; xhf/_ yfg z]o/df laefhg ul/Psf] 5 .

;j{;fwf/0fsf lgldQ 5'§fOPsf] ?=%@,*),)),)))÷–-cIf/]kL afpGg s/f]8 c;L nfv_ /sd a/fa/sf] ?=!))÷—c+lst b/sf]

%@,*),))) lsQf ;fwf/0f z]o/ lgisfzg u/L afF8kmfF8 u/] kZrft\ sDkgLsf] r'Qmf k"FhL ?=$,$),)),)),)))÷—-cIf/]kL rf/

cj{ rfln; s/f]8 _ x'g]5 .

;+:yfsf] :yfkgf kZrft\ clws[t, hf/L tyf r'Qmf kF'hL df kl/jt{g ;DjGwL ljj/0f M

cf=j clws[t k"FhL ?= hf/L k"FhL ?= r'Qmf k"FhL ?=

@)&$.&% &,)),)),)),))). $,$),)),)),))). #*&,@),)),))).

@)&#.)&$ &,)),)),)),))). %,)),)),)),))). @,%),)),)),))).

@)&@.)&# &,)),)),)),))). %,)),)),)),))). @,)),)),)),))).

@)&!.)&@ $,)),)),)),))). !,%),)),)),))). !,@%,)),)),))).

11

-v_ lgisfzg kl5sf]]] r'Qmf k'FhL -;d"xs[t ul/Psf] cj:yfdf ;f]xL cg'?k_ M

;+ul7t ;+:yfsf] k|aGwkqsf] bkmf ^ df pNn]v eP cg';f/ ;j{;fwf/0fx?df ;fwf/0f z]o/ lgisfzg u/L afF8kmfF6 u/] kZrft\

x'g] sDkgLsf] r'Qmf k"hLsf] ;+/rgf b]xfo adf]lhd /x]sf]5 M

qm=;+= z]o/wgLx? ;d'x ;fwf/0f

z]o/ ;+Vof

r'Qmf /sd -?=_ k"FhL

;+/rgf

e'QmfgL

k|ltzt

!= ;+:yfks z]o/wgL #,*&,@),))) #,*&,@),)),)))÷— **% Zftk|ltzt

#= ;j{;fwf/0f ;d"x -pBf]u k|efljt

If]qsf jfl;Gbfx? ;d]tsf nflu hf/L

ul/Psf] z]o/ ;lxt_

%@,*),))) %@,*),)),)))÷– !@% Zftk|ltzt

hDdf $,$),)),))) $,$),)),)),)))÷–—

-u_ z]o/ lk|ldod vftf -lgisfzg k"j{ / lgisfzg kZrft\_ M z]o/ lk|ldod vftfsf] Aoj:yf b]xfo adf]lhd /x]sf] .

o; ;+ul7t ;+:yfsf] z]o/ lk|ldod vftf ;DaGwL ljj/0f b]xfo adf]lhd /x]sf] 5 M

z]o/ lk|ldod vftf -lgisfzg k"j{_ M –

z]o/ lk|ldod vftf -lgisfzg kZrft_ M ? (^,*),)),))) ÷—

s'n M ? (^,*),)),))) ÷—

u=%=;+:yfks÷;+rfns ;DaGwL hfgsf/L M

u=%=s=;+:yfks÷;+rfnssf] 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/0f M

l;=g+= gfd, 7]ufgf kb pd]/

-jif{_

/fli6«otf z]o/

:jfldTj

-lsQf_

z}lIfs

of]Uotf

cg'ej

-k"j{ / xfn sfo{/t_

! >L ;'/]Gb| s'df/

uf]on

cWoIf %% g]kfnL $^,$^,$)) lj=Pl:;=

d]sflgs

n

OlGhlgo/

Plzog nfO{km O{G;'/]G; sDkgL ln=

sf] ;+rfns, c/ljGb ODkf]l/od

k|f=ln=, slknj:t',, :6f/nfO{d

O{08li6|h k|f= ln=,sf7df8f}+ ;d]tdf

;+rfns cWoIf, Pr= cf/= uf]on

u|'ksf] sfo{sf/L ;+rfns /xL @&

jif{ eGbf a9L ljleGg pBf]u,

Jofkf/ / ;]jf Joj;fo If]qsf]

sfof{g'ej

@ >L /3'gGbg df? ;+rfns $% g]kfnL !&,@*,%&! lj=sd nIdL 6]Sgf]Knf:6 k|f=ln=, 6]g

dfOqmf]G; g]kfn k|f=ln=/ nIdL

nfOd k|f]8S6;, x]6f}8f OG8li6«on

Pl/of, sf7df08f}, :6f/nfO{d

O{08li6|h k|f= ln=, sf7df8f}+df

;+rfns ;d]t eO{ ldg/n

O08li6«df @% jif{sf] sfof{g'ej .

;fy} h]lj df? u|'k sf] sfo{sf/L

pkfWoIf .

# >L ;lGbk s'df/

zf/bf

;+rfns $^ g]kfnL !(,*$,$)) lj=sd kfof]lgo/ df]6f]sk{ k|f=ln=,

yfkfynL, sf7df08f}, sG;6«S;g

;f]n';g k|f=ln=, yfkfynL,

sf7df08f}, O{Gk|mf6]s k|f= ln=,

yfkfynL, sf7df08f}, P;lklh

6«]l8Ë k|f=ln=, yfkynL, sf7df08f},

lk|ldo/ jfo;{ k|f=ln=, lj/f6gu/,

12

df]/Ë, Go'l6«km'8\; k|f=ln= lj/f6gu/,

df]/Ëdf ;+rfns eO{ ;f/8f u|'k

cGtu{tsf] pBf]u / Jofkf/

Joj;fodf @% jif{sf] Joj:yfksLo

sfof{g'ej ;lxtsf] cfj4tf tyf

zf/8f u|'kdf sfo{sf/L ;+rfns

eO{ sfof{g'ej .

$ >L cldt df]/ ;+rfns #$ g]kfnL !%,$*,*)) Pd=lj=P= u0fktL jg:ktL k|f=ln=, lj/u+h sf]

k"j{ ;+rfns /xL !! jif{sf] ljleGg

pBf]udf sfo{fg'ej . nSsL u|'k

g]kfn k|f= ln=df sfo{sf/L

Joj:yfkssf] sfof{g'ej .

% >L /f]lxt u'Ktf ;+rfns #@ g]kfnL @$,@),))) Pd=Pl:;=

kmfOgfG;

P08

Dofg]hd]0

6

6]ln6s k|f=ln=df ;+rfns cWoIf,

b l/ofN6;{ k|f= ln= ;+rfns

Gf"Knfi6 O{08li6|h k|f= ln=af/fdf

;+rfns, nSsL u|'k g]kfn k|f= ln=,

sf7df8f}+df ;+rfns, o'lge;{n

O{n]S6|f]sd sf7df8f}+{df k|f]k|fO6/

u0fktL jg:ktL k|f=ln=, lj/u+h sf]

k"j{ ;+rfns, sf] ?kdf cfj4 /xL

ljleGg pBf]u, Jokf/ If]qdf (

jif{sf] sfof{g'ej /lx ljleGg

pBf]u, Jofkf/ Joj;fo ;d]tsf]

sfof{g'ej .

^ >Llgjfz zf/bf z]o/wlg ^# g]kfnL !(*$,$)) lj= sd= ljut $* jif{ b]lv zf/8f u|'k

cGt/utsf ljleGg pBf]u /

Jofkf/ Joj;fodf cfj4 /lx

;+rfns tyf Joj:yfksLo sfo{sf]

sfof{g'ej .

& /fw]Zofd zf/bf z]o/wlg ^$ g]kfnL !(*$,$)) lj= sd= ljut $% jif{ b]lv zf/8f u|'k

cGt/utsf ljleGg pBf]u / Jokf/

Joj;fodf cfj4 /lx ;+rfns tyf

Joj:yfksLo sfo{sf] sfof{g'ej .

* kjg s'df/ zf/bf z]o/wlg %( g]kfnL !(*$,$)) lj= sd= ljut $) jif{ b]lv zf/8f u|'k



Joj:yfksLo sfo{sf] sfof{g'ej,

df]/Fu Jofkf/ ;+3sf] cWoIf .

( cGhgL gGbg df? z]o/wlg $# g]kfnL !%,^@,^@( lj= sd= ljut @) jif{ b]lv h]= lj= df? u|'k



Joj:yfksLo sfo{sf] sfof{g'ej

.;DnUg .

!) >LdtL k'gd uf]on z]o/wlg $& g]kfnL $@,%(,@)) lj= P= g]zgn l;d]G6 k|f= ln= df]/Fusf]

;+rfns, Pr= cf/= uf]on u|'k

cGt/utsf pBf]u, Jofkf/

Joj;fodf ;+rfns tyf

Joj:yfksLo sfo{df cfj4 /lx

sfof{g'ej .

!! >j0f s'df/ df]/ z]o/wlg %& g]kfnL !^,$%,^)) lj= sd= ljut #^ jif{ b]lv nSsL u|'k g]kfn



Joj:yfksLo sfo{sf] sfof{g'ej .

13

!@ /fhs'df/ df]/ z]o/wlg %# g]kfnL !%,$*,*)) lj= sd= ljut #@ jif{ b]lv nSsL u|'k

g]kfn cGt/utsf ljleGg pBf]u /

Jokf/ Joj;fodf cfj4 /lx


sfof{g'ej .

!# /fh]Gb| k|;fb d'Gb8f z]o/wlg %% g]kfnL &,&$,$)) b]j]g/f u|'ksf] gfoj k|aGw ;+rfns

tyf ;f] u|'k cGt/utsf ljeGg

pBf]u, Jofkf/ Jof;fodf cfj4 /lx


sfof{g'ej .

!$ b]jlszg dG'b8f z]o/wlg &$ g]kfnL &,&$,$)) lj= sd= b]j]g/f u|'ksf] cWoIf tyf ;f] u|'k

cGt/utsf ljleGg pBf]u, Jofkf/,

;]jf Jof;fodf cfj4 /lx ;+rfns

tyf Joj:yfksLo sfo{sf] %% jif{

blvsf] sfof{g'ej .

!% a]lg uf]kfn d'Gb8f z]o/wlg ^% g]kfnL &,&$,$)) lj= sd= b]j]g/f u|'ksf] efO{; k|l;8]06 tyf

;f] u|'k cGt/utsf ljleGg pBf]u,

Jofkf/, ;]jf Jof;fodf cfj4 /lx


%) jif{ blvsf] sfof{g'ej .

!^ gGb lszf]/ d'Gb8f z]o/wlg ^@ g]kfnL (,^*,))) lj= sd= b]j]g/f u|'ksf] k|aGw ;+rfns tyf

;f] u|'k cGt/utsf ljleGg pBf]u,

Jofkf/ Jof;fodf cfj4 /lx


$% jif{ b]lvsf] sfof{g'ej .

!& ;fIfL s'df/L

led;/Lof

z]o/wlg g]kfnL !(#,^)) PdljljP

;

lzjd l;d]G6;\ ln=sf] z]o/wgL

!* ljgf]b s'df/

led;/Lof

z]o/wlg g]kfnL #),)),*)) Pd=lj=P= Unf]jncfO{PdaL a}+ssf] nufgLstf{

!( >Ldlt k|ef

led;/Lof -uf]oGsf_

z]o/wlg g]kfnL @^,!#,^)) lj=P:;L== ;flgdf dfO{ xfO8\f]kfj/ ln /

an]kmL xfO8|f] kfj/ ln= sDkgLsf]

nufgLstf{ / do"/ u0f]z k|f=

ln=k|aGw ;+rfns

@) ;'lzn u'Ktf z]o/wlg #% g]kfnL @#,@#,@)) lj=lj=Pd=

hg/n

ljhg]z

n'lDagL ljB't pBf]u k|f= ln= ,

u0fklt ag:klt pBf]u k\f= ln= sf]

;rf+ns / o'lge;{n 6]|l8Fu,

sf7df8f}+ sf] k|f]k|fO6/ ;d]tsf]

pBf]u, Jokf/ Joj;fosf]

sfof{g'ej .

;+rfnsx?sf] ljj/0f

l;=g+= gfd, 7]ufgf Kb pd]/

-jif{_

/fli6«otf z]o/ :jfldTj

-lsQf_

z}lIfs

of]Uotf

cg'ej

-k"j{ / xfn sfo{/t_

! >L ;'/]Gb| s'df/ uf]on cWoIf %% g]kfnL $^,$^,$)) lj=Pl:;=

d]sflgsn

OlGhlgo/

Plzog nfO{km O{G;'/]G;

sDkgL ln= sf] ;+rfns,

c/ljGb ODkf]l/od

k|f=ln= slknj:t' ,

:6f/nfO{d O{08li6|h k|f=

ln=,sf7df8f}+ ;d]tdf

;+rfns cWoIf, Pr=

cf/= uf]on u|'ksf]

sfo{sf/L ;+rfns /xL

@& jif{ eGbf a9L

ljleGg pBf]u, Jofkf/ /

14

;]jf Joj;fosf]

sfof{g'ej .

@ >L /3'gGbg df? ;+rfns $% g]kfnL !&,@*,%&! lj=sd= nIdL 6]Sgf]Knf:6 k|f=ln=,

6]g dfOqmf]G; g]kfn

k|f=ln=/ nIdL nfOd

k|f]8S6;, x]6f}8f

OG8li6«on Pl/of,

:6f/nfO{d O{08li6|h k|f=

ln=, sf7df8f}+df

;+rfns ;d]t eO{

ldg/n O08li6«df @%

jif{sf] sfof{g'ej . ;fy}

h]lj df? u|'k sf]

sfo{sf/L pkfWoIf .

# >L ;lGbk s'df/ zf/bf ;+rfns $^ g]kfnL !(,*$$)) lj=sd= kfof]lgo/ df]6f]sk{

k|f=ln=, yfkfynL,

sf7df08f}, sG;6«S;g

;f]n';g k|f=ln=,

yfkfynL, sf7df08f},

O{Gk|mf6]s k|f= ln=,

yfkfynL, sf7df08f},

P;lklh 6«]l8Ë k|f=ln=,

yfkynL, sf7df08f},

lk|ldo/ jfo;{ k|f=ln=,

lj/f6gu/, df]/Ë,

Go'l6«km'8\; k|f=ln=

lj/f6gu/, df]/Ëdf

;+rfns eO{ ;f/8f u|'k

cGtu{tsf] pBf]u /

Jofkf/ Joj;fodf @%

jif{sf] Joj:yfksLo

sfof{g'ej ;lxtsf]

cfj4tf tyf zf/8f

u|'kdf sfo{sf/L ;+rfns

eO{ sfof{g'ej .

$ >L cldt df]/ ;+rfns #$ g]kfnL !%,$*,*)) Pd=lj=P= u0fktL jg:ktL k|f=ln=,

lj/u+h sf] k"j{ ;+rfns

/xL !! jif{sf] ljleGg

pBf]udf sfo{fg'ej .

nSsL u|'k g]kfn k|f=

ln=df sfo{sf/L

Joj:yfkssf] sfof{g'ej

.

% >L /f]lxt u'Ktf ;+rfns #@ g]kfnL @$,@),))) Pd=P:;L=

kmfOgfG;

P08

Dofg]hd]06

6]ln6s k|f=ln=df

;+rfns cWoIf, b

l/ofN6;{ k|f= ln=

;+rfns Gf"Knfi6

O{08li6|h k|f= ln=af/fdf

;+rfns, nSsL u|'k

g]kfn k|f= ln=,

sf7df8f}+df ;+rfns,

o'lge;{n O{n]S6|f]sd

sf7df8f}+{df k|f]k|fO6/

u0fktL jg:ktL k|f=ln=,

15

lj/u+h sf] k"j{ ;+rfns,

sf] ?kdf cfj4 /xL

ljleGg pBf]u, Jokf/

If]qdf ( jif{sf]

sfof{g'ej /lx ljleGg

pBf]u, Jofkf/ Joj;fo

;d]tsf] sfof{g'ej .

-v_ ;+:yfksx? s'g} sDkgL÷;+:yf ePdf To:tf] sDkgL÷;+:yfsf] gfd tyf 7]ufgf ;lxtsf] ;+lIfKt ljj/0f (Profile) / pQm

sDkgL÷;+:yfsf ;+rfnsx?sf] gfd, 7]ufgf, -k|fs[lts AolQm gv'n];Dd_ M

gePsf] .

-u_ ;+ul7t ;+:yfsf] ;+rfnsx? cGo s'g} sDkgL, ;+:yf, sf]if, ;+u7g;Fu cfj4 eP To:tf] ;+rfns / cfj4 ePsf] ;+:yfsf] gfd, 7]ufgf

M

qm=;= ;+rfnssf] gfd, 7]ufgf cfa4 /x]sf] ;+:yfsf] gfd, 7]ufgf

! >L ;'/]Gb| s'df/ uf]on !_ Plzog nfO{km OG;'/]G; s+= ln= , sf7df8f}+ .

@_=c/ljGb ODkf]l/od k|f=ln=, s[i0fgu/, slknj:t'

#_=:6f/nfO{d O{08li6|h k|f= ln= , sf7df8f}+

@ >L /3'gGbg df? !_ nIdL 6]Sgf]Knf:6 k|f=ln=, x]6f}8f OG8li6«on Pl/of

@_ 6]g dfOqmf]G; g]kfn k|f=ln= x]6f}8f OG8li6«on Pl/of

#_ nIdL nfOd k|f]8S6;, x]6f}8f OG8li6«on Pl/of

$_ :6f/nfO{d O{08li6|h k|f= ln= , sf7df8f}+

# >L ;lGbk s'df/ zf/bf !_ kfolgo/ df]6f]sk{ k|f=ln=, yfkfynL, sf7df08f} .

@_ sG;6«S;g ;f]n';g k|f=ln=, yfkfynL, sf7df08f} .

#_ O{Gk|mf6]s k|f= ln=, yfkfynL, sf7df08f} .

$_ P;lklh 6«]l8Ë k|f=ln=, yfkynL, sf7df08f} .

%_ lk|ldo/ jfo/;{ k|f=ln=, lj/f6gu/, df]/Ë

^_ Go'l6«km'8\; k|f=ln= lj/f6gu/, df]/Ë

$ >L cldt df]/ !_ u0fktL jg:ktL k|f=ln=, lj/u+h

% >L /f]lxt u'Ktf !_ u0fktL jg:ktL k|f=ln= lj/u+h

@_ 6]ln6s k|f=ln=sf7df8f}+

#_= b l/oN6;{ k|f= ln= , nlntk'/

$_= g"Knfi6 O{08li6|h k|f= ln= af/f

%_= o'lge;{n O{n]S6|f]sd, sf7df8f}+

sDkgLsf] ;+rfns To:t} vfnsf] cGo sDkgLsf] ;+rfns gePsf] tyf sDkgL P]g @)^# sf] bkmf *( sf] pkbkmf -!_ -5_ sf]

kfngf ul/Psf] 5 .

-3_ ;+:yfks÷;+rfnssf] xs x:tfGt/0f aGb]h ;DaGwL ljj/0f M

-s_ sDkgLsf] z]o/ vl/b jf x:tfGt/0f ug{ jf lwtf]aGws /fVg ;+rfns ;ldltsf] :jLs[tL lng' kg]{5 . ;+rfns ;ldltsf] k"j{

:jLs[tL lagf ul/Psf] z]o/ vl/b jf x:tfGt/0f dfGo x']g 5}g .

-v_ ;j{;fwf/0f z]o/wgL ;d"x afx]s cGo ;d"x -;+:yfks / cGo ;d"x_ n] lnPsf] z]o/ ;+ul7t ;+:yfn] ;fj{hlgs lgisf;g u/]sf]

z]o/ afF8kmfF8 ePsf] ldltn] tLg jif{sf] cjlw k"/f geO{ laqmL ug{ kfO{g] 5}g .

u=%=v=;+:yfks÷;+rfns ;Fusf] 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 afkt ;+ul7t ;+:yfn] s'g} ;DklQ, ;]jf k|fKt u/]sf] jf ug] {

ePdf tT;DaGwL ljj/0f M .

;+ul7t ;+:yfn] tn lbPsf] lgDg adf]lhd ;DalGwt ;+:yfx? ;+u sf/f]jf/ u/s]f 5 .

16

sDkgL ;DaGw sf/f]jf/ cf=j= @)&#÷&$ a:t' jf ;'ljwf

Dff]8g{ O{Gk|mf:6«Sr/ k|f= ln=

o; sDkgLsf z]o/ wgL >L

z'lzn u'Ktf ;f] sDkgLsf]

;~rfns /x]sf] / pQm

sDkgLdf !& k|ltzt z]o/

:jfldTj /x]sf] .

#!,^),*^,^^@.)& r'g9'+uf pTvgg\ tyf

9'jfgL sfo{

c/ljGb O{Dkf]l/od k|f= ln=

o; sDkgLsf cWoIf >L ;'/]Gb|

s'Dff/ uf]on ;f] sDkgLsf]

;~rfns cWoIf /x]sf] / pQm

sDkgLdf !)) k|ltzt z]o/

:jfldTj /x]sf] .

@(,&&,*$,($#.*@ l8h]n, lhK;d, cfO{/g cf]/

vl/b

g]zgn l;d]G6 k|f=

ln=kl/jlt{t ;Ktsf]zL l;d]G6

k|f= ln=

o; sDkgL sf z]o/ wgL

>LdtL k"gd uf]on ;f]

sDkgLsf] ;~rfns /x]sf] /

pQm sDkgLdf @% k|ltzt

z]o/ :jfldTj /x]sf] .

@&,^@,^@^.^& sf]O{nf vl/b

:6f/ nfO{d O{08li6«h k|f= ln=

o; sDkgLsf cWoIf >L ;'/]Gb|

s'df/ uf]on, ;~rfns >L

/3'gGbg df?, ;~rfns >L

;lGbk s'df/ zf/bf /

;~rfns >L cldt df]/sf] ;f]

sDkgLsf] qmdz cWoIf,

;~rfns / z]o/ wgL /x]sf] /

pQm sDkgLdf lghx?sf]

gfddf s|dzM @) %, !* %,

@)% / !& % k|ltzt z]o/

:jfldTj /x]sf]5 .

!,@),)),%(^.%@ r'g9'+uf vl/b

sG6«S;g ;f]n';g k|f= ln=

o; sDkgL sf ;~rfns >L

;lGbk s'df/ zf/bf ;f]


pQm sDkgLdf %) k|ltzt


^!,($,))@.@# x]ljO{lSjd]06sf Kff6{k'hf{

vl/b

lk|ldo/ jfo;{ k|f= ln=

o; sDkgL sf ;~rfns >L

;lGbk s'df/ zf/bf ;f]


pQm sDkgLdf !^ k|ltzt


@(,*!,&%).)) Tff/ vl/b

6]Sgf] hof Ho}n/L k|f= ln=

o; sDkgLsf z]o/ wgL >L

gGb lszf]/ d'Gb8f /

b]jlszg dG'b8f ;f] sDkgL

sf z]o/ wgL /x]sf] / pQm

sDkgLdf s|dzM ##.## /

##.## k|ltzt z]o/ :jfldTj

/x]sf] .

@^,^),%&*.)) laqmL :sLdsf] nflu Rf+fbL

vl/b

h]g]/]zg g]S:6 sDo'lgs]zg

k|f= ln=

o; sDkgLsf z]o/ wgL

>LdtL k|ef -uf]oGsf_

led;l/of ;f] sDkgLsf] z]o/

wgL /x]sf] / pQm sDkgLdf

k|ltzt z]o/ :jfldTj /x]sf] .

()!,#@&.$# sDKo"6/ vl/b

17

-v_ a'Fbf -s_ df pNn]lvt a:t' jf ;'ljwfsf] d"No lgwf{/0f ug{ ckgfOPsf] tl/sf

cGo k|lt:klw{ sDkgL jf ;]jf k|jfx ug{] ;+:yfx? ;d]taf6 lnOPsf] b/efp kq cg';f/ ahf/ d'No eGbf al9 gx'g] u/L u'0f:t/Lo

a:t'sf] vl/b tyf ;]jf lnPsf] 5 .

u=^=;Lldt bfloTj ;DaGwL ljj/0f M

o; sDkgL k|rlnt sDkgL sfg"g cGtu{t :yflkt tyf ;~rflnt klAns lnld6]8 sDkgL xf] . o;df z]o/wgLx?sf] bfloTj ;Lldt

5 . o; sDkgLsf] z]o/wgLsf] bfloTj lghn] vl/b u/]sf] jf vl/b ug{ saf]n u/]sf] z]o/sf] clwstd /sd;Dd dfq ;Lldt /xg]5 .

u=&=;+ul7t ;+:yfsf] sd{rf/L ;DaGwL hfgsf/L M

u=&=s=;+ul7t ;+:yfsf] pRr Aoa:yfksLo txsf clws[t sd{rf/Lx? ;DaGwL ljj/0f M

-s_ ;+ul7t ;+:yfsf] pRr Aoa:yfksLo txsf sd{rf/Lsf] gfd, of]Uotf, lgo'lQm ePsf] ldlt, klxn] u/]sf] sfdsf] 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]{ .

qm=;+= sd{rf/Lsf]

gfd

Kfb of]Uotf lgo'lQm ldlt sfof{g'ej z]o/ ;+Vof cGo s'g}

;+ul7t

;+:yfdf

u/]sf] nufgL

;"lrs[t

;+ul7t

;+:yfdf

cfwf/e't

z]o/wgL

! >L ;hg

b]jsf]6f

efO{;

k|]l;8]06

- ;]N;

P08

dfs]{l6Ë_

Pd=lj=P= @)&!.!@.)! afn lbIff ;bg xfOo/

;]s]08/L :s'ndf ^

jif{ lzIfs, g]i6n]

Ol08of ln=df ;]N;

clkm;/sf] ?kdf @

jif{, g]kfn lne/

ln=df ;]N; OGrfh{sf]

?kdf !=% jif{, j?0f

lje/]h g]kfn

k|f=ln=df ;]N;

Dofg]h/sf] ?kdf !=%

jif{, g]ljsf] k|f=ln=df

dfs]+l6Ë Dofg]h/sf]

?kdf ! jif{, rf}w/L

u|'k g]kfn k|f=ln=df

pkdxfk|jGwssf]

?kdf #=% jif{ tyf

dxfk|aGwssf] ?kdf

^=% jif{ tyf lzjd\

l;d]G6 lnld6]8df #

jif{ u/L hDdf @%

jif{sf] sfof{g'ej

gePsf] 5}g 5}g

@ lbks

d]yfgL

efO{;

k|]l;8]06

- vfgL

zfvf_

vfgL

OlGhlgol/

Ëdf

l8Knf]df

@)&@.!@.@@ cN6|f6]s l;d]G6,

ef/tdf !^ jif{,

>Ll;d]G6 pBf]u

ef/tdf ( jif{,

cDa'hf l;d]G6 pBf]u

ef/tdf $ jif{,

8f+uuf]6] l;d]G6 pBf]u

clk|msfdf @ jif{ ,

Pljlh l;d]G6 ef/t @

jif{ / lzjd l;d]G6;\

ln= @ jif{ u/L vlgh

sfo{;+u ;DalGwt

If]qdf #% jif{sf]

sfof{g'ej .

gePsf] 5}g 5}g

18

#= gjn lszf]/

rf}w/L

dxfk|jGws

-Knf06

ck/]zg_

lj=O{=

O{n]lS6|sn

@)^(.)*.@$ pbok'/ l;d]G6 pBf]u

ln= df ljleGg txdf

hDdf !( jif{ /

lzjd l;d]G6;\ ln= df

% jif{ u/L l;d]06

O08:6«Ldf @$ jif{sf]

sfof{g'ej .

gePsf] 5}g 5}g

$ ch{'g

zdz]/ /f0ff

k|d'v

-Sjfln6L

tyf

k|of]uzfnf_

lj=P:;L= @)&$.)^.)@

-k"gM lgo'lQm_

x]6f}+8f l;d]G6 pBf]u

ln=df Sjfln6L

k|d'vsf] ?kdf @% jif{

, df?tL l;d]G6

pBf]udf $ jif{ / /

o; cl3 lzjd

l;d]G6;\ ln= df % jif{

u/L hDdf #$ jif{sf]

sfof{g'ej .

5}g 5}g

% Hof]lt yfkf ljQ k|d'v rf68{

PsfpG6]0

6

@)&!.!@.!% rf}w/L u|'kdf

Psfp06; P08

kmfOgfG; Dofg]h/sf]

?kdf @ jif{ / lzjd\

l;d]G6;\ ln= df # jif{

u/L hDdf % jif{sf]

sfof{g'ej .

gePsf] 5}g 5}g

^ Dff]xg nfn

s0f{

jl/i7 pk

dxfk|jGws

-k|zf;g

tyf

hg;Dks{_

hgk|zf;

gdf

:gfts

@)^^.!).!) x]6f}+8f l;d]G6 pBf]u

ln= @& jif{, df?tL

l;d]G6 k|f= ln= df !

aif{ / lzjd l;d]G6;\

ln= df * jif{ u/L

hDdf df jleGg

pBf]udf #^ jif{sf]

sfof{g'ej .

gePsf] 5}g 5}g

& n]vgfy

cof{n

gfoj

dxfk|jGws

Pj+ sDkgL

;lrj

sfg"gdf

:gfts

@)&).!!.@( Hof]lt s]Gb|, a'6jndf

! aif{ n]vfkfn,

u08sL af]l8Ë :s'ndf

@ jif{ lk|lG;kn,

k|fljlws lzIff tyf

Joj;flos tflnd

kl/ifb, eQmk'/df ^

dlxgf k|zf;sLo

;xfos-kfFrf} tx_,

n'lDjgL ljlug;{

Ps]8dL, sf7df8f}+df

@ jif{ ;+:yfks

lzIfs, lgzfs' sDkgL

ln= nlntk'/df ! jif{

k|lzIfs, dfxf]/f]jf

a]s/L O{08li6|h k|f=

ln= , wfkf;Ldf @ jif{

sG;N6]06, uf]s0f{

lgdf{0f ;]jf k|f=

ln=sf7df8f}+df @ jif{

sG;N6]06, Kofs'/]n

P08 sDkgL, uf}zfnf,

sf7df8f}+df @ jif{

gePsf] 5}g 5}g

mailto:*.@$

19

Joj:yfks, ;'ld

l8:6Lnl/h k|f=ln= df

!=% jif{ k|aGws, ;'ld

kmdf{So'l6sN;

k|f=ln=df ! jif{

k|aGws, ;'ld

l8:6Lnl/h k|f=ln=df

& jif{ al/i7 k|aGws,

tyf lzjd\ l;d]G6;

ln=df $ jif{ ul/

hDdf @^ jif{sf]

sfof{g'ej .

* lglvn

cu|jfn

k|f]h]S6 ;]N;

zfvf k|d'v

Pd=lj=P=

cWoog/t

@)^*.)$.!^ P;cf/ 8«U;

Nofjf]/6/Lh k|f=ln=df

kr]{h Dofg]h/sf]

?kdf $ jif{, x's'd

kmdf{So'l6sN;

k|f=ln=df sfo{;+rfng

k|d'vsf] ?kdf ! jif{,

Prcf/ uf]on u|'k df

dxfk|jGwssf] ?kdf @

jif{ tyf lzjd\

l;d]G6;\ lnld6]8df

^=% jif{ u/L hDdf

!$=%) jif{sf]

sfof{g'ej .

gePsf] 5}g 5}g

( lg/h

cu|jfn

jl/i7

k|aGws

-vl/b

zfvf_

Pd=lj=P= @)^*.!@.!! Kfmo"r/ Soflk6n P08

kmfOgfG; ;le{; k|f=

ln= ef/tdf ! jif{,

PGh]n a|f]lsFu k|f= ln=

ef/tdf @ / lzjd

l;d]06;\ ln=^ u/L (

jif{sf] sfof{g'ej .

gePsf] 5}g 5}g

-v_ ljj/0fkq af]8{df k|:t't ug{' eGbf ! aif{ cufl8sf] cjlwdf lgod cg';f/ cjsfz k|fKt ePsf] cj:yf afx]s ;+ul7t ;+:yfsf] pRr

Aoa:yfksLo txdf /x]sf s'g} sd{rf/L kl/jt{g ePdf ;f] ;DaGwL ljj/0f pNn]v ug'{ kg]{ M gePsf] .

-u_ sd{rf/L ;+Vof M :yfoL / c:yfoL .

:yfoL c:yfoL Hofnfbf/L s'n sd{rf/L ;+Vof

@$$ !*# !$( %&̂

u=&=v=;+rfns Pj+ pRr Aoa:yfksLo txsf clws[tnfO{ lbPsf] eQf tyf kfl/>lds ;DaGwL ljj/0f M

-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

a}7s tyf e|d0f eQf afkt cGo s'g} ;'ljwf k|bfg gul/Psf] . ;+rfnsx?nfO{ k|bfg ul/Psf] kfl/>lds ljj/0f lgDg adf]lhd /x]sf]

5 .

l;=g+

=

gfd, 7]ufgf kb k|bfg ul/Psf] aflif{s kfl/>dLs

-@)&$.)&%_ ?=

! >L ;'/]Gb| s'df/ uf]on sfo{sf/L cWoIf $!,@#,)&&.#)

@ >L /3'gGbg df? ;+rfns $!,@#,)&&.#)

# >L ;lGbk s'df/ zf/bf ;+rfns $!,@#,)&&.#)

$ >L cldt df]/ ;+rfns $!,@#,)&&.#)

% >L /f]lxt u'Ktf ;+rfns 5}g .

20

;+ul7t ;+:yfsf] lgodfjnLsf] lgod #@ df ;~rfnssf] kfl/>lds, j}7s eQf, b}lgs eQf tyf cGo ;'ljwf ;fwf/0f ;efn] tf]s]

adf]lhd x'g]5 eGg] Joj:yf eP cg';f/ @)&@ sf] ;fwf/0f ;efaf6 lg0f{o u/fO{ sfo{sf/L cWoIf, / sfo{sf/L ;~rfnsx?sf]

kfl/>lds lgwf{/0f ul/Psf] 5 / ;f]xL ldlt b]lv nfu' x'g] u/L kfl/>lds k|bfg ul/Psf] xf] .

-v_ ;+ul7t ;+:yfsf] pRr Aoa:yfklso txsf tLg hgf clws[tx?sf] gfd / kb / Ps cfly{s aif{sf] cjlw leq pgLx?nfO{

kfl/>ldssf] ?kdf e'Qmfg ul/Psf] /sd M

l;=g+= sd{rf/Lsf] gfd Kfb Ps cfly{s aif{sf] cjlw

leq kfl/>ldssf] ?kdf

e'Qmfg ul/Psf] /sd

cf=a=)&$÷)&%

! >L ;fhg b]jsf]6f lelk -;]N; P08 dfs]{l6Ë_ #^,#$,$&@.#@

@ >L lbks d]yfgL lelk –-dfOG;_ @*,*^,)^^.))

#= >L gjn ls;f]/

rf}w/L

dxfk|jGws

-Knf06 ck/]zg_

!(,!$,@%!.))

$ >L Hof]lt yfkf ljQ k|d'v #),&^,^*#.)(

% >L Dff]xg nfn s0f{ jl/i7 pk dxfk|jGws

-k|zf;g tyf hg;Dks{_

!#,(),&(!.))

^ ch{'g zdz]/ /f0ff k|d'v

-Sjfln6L tyf k|of]uzfnf_

!$,*(,#!#.(*

& >L n]vgfy cof{n gfoj dxfk|jGws tyf

sDkgL ;lrj

@$,(*,@$(.))

* >L lglvn cu|jfn k|f]h]S6 ;]N; zfvf k|d'v #%,&^,$!(.$%

( >L lg/h cu|jfn al/i7 k|aGws

-vl/b zfvf_

#,))!,@%!.@)

-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/0f M xfn ;Dd To:tf] s'g}

s/f/ ul/Psf] 5}g .

u=*=cGt{lglxt hf]vLd tyf ;f] df Joj:yfkgsf] nfuL Joj:yfkgsf] wf/0ff M

;+ul7t ;+:yfn] axg u/]sf] jf ug]{ hf]vLd :ki6 ?kdf pNn]v ug'{ kg]{ . o; ;Gbe{df hf]vLdx?nfO{ ;+ul7t ;+:yfsf] cfGtl/s jf

Joj;fo÷cfof]hgf;Fu k|ToIf cyjf ;+ul7t ;+:yfsf] lgoGq0f eGbf aflx/sf] egL alu{s/0f u/L k|d'v ?kdf b]xfosf] hf]vLdsf]

ljZn]if0f ug'{ kg]{ .

-s_ ljQLo ;fwgsf] cefjaf6 x'g] hf]vLd M

;~rfngdf cfO{;s]sf] x'bf pBf]u If]qdf ljlQo hf]lvd g/x]sf] .

b]zdf c;xh kl/l:ytL pTkGg eO{ pTkfbLt j:t'n] jhf/ k|fKt gu/]sf] cj:yfdf x'g] ;Sg] ljQLo hf]lvd.

;+:yfdf cfj4 z]o/wgLx?n] sa'n u/]sf] ;Dk'0f{ /sd k|fKt e} ;s]sf] / a}saf6 ;d]t C0f k|fKt ul/;s]sf]n] ljlQo

;fwgsf] cefjaf6 cGo hf]lvd gx'g] .

k"FhL j[l4 tyf Ifdtf clej[l4 u/L pTkfbgdf j[l4 u/fpg' kg]{ cj:yfdf x'g ;Sg] ljQLo cefjaf6 x'g ;Sg] hf]lvd

-v_ sRrf kbfy{sf] cefjaf6 x'g] hf]vLd M

l;d]G6 pBf]usf] nflu rflxg] r'g9'Ëf kfOg] If]qdf ck|Tofl;t ?kdf jftfj/0fLo kl/at{g e} r'g9'Ëf pTvgg sfo{df

;d:of pTkGg x'g uPdf x'g] hf]lvd .

pBf]unfO{ rflxg] cGo sRrf kbfy{x? sf]O{nf, cfO/gcf]/, sRrf kmnfd, df6f], lhk;d, cflb kbfy{x?sf] eljiodf cefj

x'g uPdf x'g] hf]lvd .

-u_ pTkfbg tyf ;]jfsf] ahf/ l:ylt / o;df cfpg] kl/jt{gaf6 x'g] hf]vLd M

b}lj k|sf]k of cGo c;fdfGo kl/l:ytL ;[hgf eO{ pTkflbt j:t'nfO{ jhf/ ;Dd k'¥ofpg g;lsg] kl/l:ytL ;[hgf x'g

uPdf u|fxsn] ljsNk vf]h]sf] cj:yfdf x'g ;Sg] hf]lvd

cGo l;d]G6 pBf]ux?n] ;d]t u'0f:t/LotfnfO{ j[l4 u/]sf] cj:yfdf k|ltikwf{n] pTkGg x'g ;Sg] hf]lvd

-3_ cfof]hgf ;DkGg x'g l9nfO{ x'g] ;Defjgf / To;af6 x'g] d"No clea[l4 (cost overrun) sf] hf]vLd M

pBf]u ;+rfngdf cfO;s]sf]n] pQm hf]lvd g/x]sf] .

21

-ª_ ljb]zL ljlgdosf] hf]lvd M pBf]usf nflu cfjZos kg{] sRrf kbfy{ sf]Onf blIf0f clk|msf nufotsf b]zx?af6 cd]l/sL

8n/df cfoft ul/g] x'+bf ljb]zL ljlgdo kl/jt{g ePdf To;sf] c;/ kg{ hfg] .

-r_ sfg"gL k|s[ofx? tyf O{hfht k|fKt ug'{ kg]{ eP ;f] af6 kg{ ;Sg] cj/f]wx? M

xfn ;+ul7t ;+:yfn] k"/f ug'{kg]{ ;Dk"0f{ sfg"gL k|lqmofx? k"/f ul/;s]sf] / k|fKt ug{'kg]{ ;Dk"0f{ Ohfhtkqx? k|fKt u/L

;s]sf]n] ;f] hf]lvd g/x]sf] .

-5_ If]qLos/0f / ljZjAofkLs/0f (Globalization) sf sf/0faf6 pTkGg x'g ;Sg] hf]vLd M

cGt/fli6«o ahf/df cfly{s tyf cGo s'g} klg lsl;dsf] dGbL gePsf]n] o:tf] hf]vd g/x]sf]] . tyf cGt/fli6«o ahf/df

cfly{s tyf cGo s'g} klg lsl;dsf] dGbL ePsf] cj:yfdf l;d]G6sf] d"No kl/jt{gdf x'g ;Sg] hf]lvd .

-h_ ;/sf/L gLlt tyf lgodx?df x'g] kl/jt{g tyf ljZjAofkL ?kdf x'g] gLltut kl/jt{gaf6 pTkGg x'g] hf]vLd M

s/, eG;f/, pks/0fx? cfoftdf s'g} klg lgltut kl/at{g ePdf tyf l5d]sL d'n'sx?af6 pTkfbg x'g] l;d]G6

cfoftdf s'g] lgtLut kl/jt{g x'g uPsf] cj:yfdf x'g] hf]lvd .

-em_ ;+rfng Oltxf;sf] cefj M

;+ul7t ;+:yf ;g\ @)^) df :yflkt eO{ l;d]G6 pTkfbg ub}{ cfPsf] tyf ;+ul7t ;+:yfdf /x]sf Joj:yfks tyf

;+rfnsx?;Fu pBf]u ;+rfng ;DjlGw nfdf] cg'ej /x]sf]n] pQm hf]lvd g/x]sf] .

-`_ k|ljlwsf] kl/jt{gaf6 x'g] ;Sg] hf]vLd M

;+ul7t ;+:yfn] xfn k|of]u ul//x]sf] k|ljlwx? o'/f]lkog :6\of08{sf] /x]sf] t/ ljZjJoflk ?kdf g} gofF k|ljlwx?sf] ljsf;

eO{ gof+ k|ljlw cg';f/ pTkfbg ug'{kg]{ cj:yfdf x'g] hf]lvd .

-6_ k'jf{wf/ lgdf{0fdf x'g] l9nfO{sf sf/0f x'g ;Sg] hf]lvd M

k'jf{wf/ ;DjlGw lgdf{0f ;DkGg e};s]sf]n] pQm hf]lvd g/x]sf] .

-7_ cGo M

b}la k|sf]k tyf sfa' aflx/sf] kl/:yLlt pTkGg eO r'g 9'Ëf pTvggdf x'g ;Sg] hf]lvd

e'sDk, af9L klx/f] h:tf sf/0fn] x'g] Iflt / o;jf6 pTkfbgdf kg]{ k|efjnfO{ Go"lgs/0fsf nflu kl/of]hgfsf] ;Dk"0f{

;DklQnfO{ vfDg] u/L ljdfsf] Joj:yf ul/Psf] 5 .

b]zsf] /fhg}lts cl:y/tfaf6 cfpg ;Sg] hf]lvdx? .

k'FhLahf/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 .

;Defljt hf]lvdx?nfO{ Go"gLs/0f ug]{ ;DaGwdf o; sDkgLn] b]xfosf pkofx? ckgfOPsf] 5 .

!_ sDkgLn] ljt/ssf] lgo'QmL sfg"g adf]lhdsf] s/f/ ;Demf}tf ul/ lgo'Qm ug{] ul/Psf] / ljt/sx?nfO{ pwf/f]df ;fdfg ljqmL

ubf{ x'g ;Sg] hf]lvdnfO{ Wofgdf /fvL] sd{lzon a}+sx?af6 sDkgLsf] kIfdf hf/L x'g] a}+s Uof/]06L lnO{ a}+s Uof/]06Lsf] l;df

leq /lx sf/f]jf/ ul/ cfPsf] x'+bf ljqmL u/]sf] / s]lx u|fxsx?;Fu pwf/f]df ljn hf/L ug'{ k"j{ sDkgLsf] gfddf lvlrPsf] r]s

k|fKt u/]kl5 dfq ;fdfg nf]8 ul/ k7fpg] Joj:yf ldnfO ljqmL ePsf] ;fdfgsf] /sd k|fKt gx'g] hf]lvd Go"lgs/0f ul/Psf] .

@_ sDkgLn] kl/of]hgf cg'?k a}+s shf{ ;'ljwf lnO{ k|of]u ul/ sDkgL ;+rfngdf ;d]t /x]sf] x'+bf a}+s shf{ pknJw x'g

g;s]sf sf/0f yk cfly{s hf]lvd gcfpg] Joj:yf ldnfOPsf] . Jofhb/ a[l4af6 x'g ;Sg] yk cfly{s hf]lvdnfO{ sDkgLn]

Jofh vr{ ;d]t pTkfbg nfutdf u0fgf ul/ a:t'sf] pTkfbg nfut lgsfnL d"gfkmf ;d]t hf]8L ljqmL d"No to ul/g] lglt

cjnDjg ul/Psf sf/0faf6 yk hf]lvd yk hf]lvd Go'lgs/0f ul/Psf] . ljb]zL ljlgdosf] b/df x'g] kl/jt{gaf6 kg{ hfg]

k|efj o; k|s[ltsf ;a} pBf]udf /xg] x'+bf s'g} kl/of]hgf ljz]ifsf nflu dfq} gsf/fTds k|efj gkg{] . sDkgLn] h8fg tyf

k|of]u u/]sf] k|ljlw cTofw'lgs k|ljlwo'Qm /x]sf]n] tTsfn k|ljlwsf] kl/jt{gaf6 kg{ hfg] hf]lvd Go"g /x]sf] .

#_= pBf]usf] cfjZostfg';f/ pBf]usf nflu cfjZos kg{] d"Vo sRrf kbfy{ r'g9'+ufsf] pknJwtf x'g] u/L g]kfn ;/sf/af6

sDkgLn] k|fKt u/]sf vfgLx?sf cg'dlt If]qdf k|r'/ dfqfdf r'g9'+uf /x]sf] Joxf]/f k|fljlws ljZn]if0fx?af6 ;d]t k'li6 u/fO{

hf]lv Go"lgs/0f ul/Psf] .

22

$_=e/v/} lgjf{lrt ;/sf/sf] d"Vo gLlt g} :jb]zL sRrf kbfy{df cfwfl/t nufotsf pBf]ux?sf] :yfkgf, ljsf; / lj:tf/ u/L

b]zdf cfly{s ljsf; ug{] eGg] pB]Zo /x]sf] pBf]u d}qL jftfj/0f sfod ug{ k|ltj4 /x]sf] b]lvPsf] tyf b]zdf ax'dt k|fKt

Pp6} bnsf] ;/sf/ /x]sf] / cfufdL % jif{;Dd /fhlgtLs cl:y/tfaf6 s'g} hf]lvd l;h{gf x'g ;Sg] ;Defjgf Go"g /x]sf] .

%_= lwtf]kq ahf/df x'g] s/f]jf/sf] ptf/ r9fj / k|efjsf sf/0f x'g ;Sg] hf]lvdnfO{ nufgLstf{ :jodn] ljZn]if0f u/L nufgL

ug'{ pko'Qm x'g] .

^_ k|To]s ;jf/Lsf ;fwgx? nufot d]lzg/L kf6{k'hf{, KnfG6 pBf]u nufot ejgx?, sfdbf/, sd{rf/Lx?sf] aLdf u/fPsf] 5 .

hf]lvd Go"lgs/0fsf nflu sDkgLn] u/]sf ljdfx? ;DjlGw ljj/0f tklzn adf]lhd /x]sf] 5 .

ljdf ;DjlGw ljj/0f ljdfÍ /sd ? ljdf ul/Psf] sDkgLsf] gfd

d]l;g/L a|]s8fpg OlSjkd]06 OG:of]/]G; 69,89,57,168 lzv/ OG:of]/]G; sDkgL lnld6]8 / l;4fy{

OG:of]/]G; sDkgL lnld6]8

:6s OG:of]/]g; 25,18,00,000 lzv/ OG:of]/]G; sDkgL lnld6]8= /

l;4fy{ OG:of]/]G; sDkgL lnld6]8

pBf]u cfunfuL ljdf

5,41,59,98,623

lzv/ OG:of]/]G; sDkgL lnld6]8= /

l;4fy{ OG:of]/]G; sDkgL lnld6]8

x]lj O{lSjkd]06, 9'jfgLsf ;fwfgx/sf]

ljdf

13,75,51,950

cf]l/oG6n OG;'/]G; sDkgL ln= / lzv/

OG:of]/]G; sDkgL lnld6]8

df]6/ sf/, lhk, Eofg / df]6/ ;fOsn

ljdf

8,85,09,615 cf]l/oG6n OG;'/]G; sDkgL ln=;d]t

sfdbf/ sd{rf/L ;fd"lxs b'3{6gf ljdf

31,84,00,000

cf]l/oG6n OG;'/]G; sDkgL ln=

sfdbf/ sd{rf/L :jf:yo ljdf 3,90,00,000

lzv/ OG;'/]G; sDkgL ln=

sfdbf/, sd{rf/L hLjg ljdf 6,80,00,000 g]kfn nfO{km OG;'/]G; s+= ln=

hDdf ljdfÍ /sd 7,01,82,17,356

lwtf]kq d"No kl/jt{g ;DalGw hf]lvd M

?=!))÷—k|lt z]o/sf b/n] lgisfzgdf pBf]u k|efljt If]qsf jfl;Gbfx?sf] nflu lk|ldod ? !))÷— yk ul/ k|lt z]o/ ?

@))÷— sfod ul/Psf] tyf ;j{;fwf/0fsf] nflu ?=!))÷—k|lt z]o/sf b/n] lgisfzgdf lk|ldod ? @))÷— yk ul/ k|lt

z]o/ ? #))÷— sfod ul/Psf] 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 .

u=(= ljQLo ljj/0f M

u=(=s= ljQLo ljj/0f / tT;DaGwdf Joj:yfkgsf] wf/0ff / ljZn]if0f M

-s_ ;+ul7t ;+:yfsf] n]vfk/LIf0f ePsf] kl5Nnf] cfly{s jif{sf] jf;nft, gfkmf-gf]S;fg lx;fa, gfkmf-gf]S;fg lx;fa afF8kmfF6,

gub k|jfx ljj/0f M o; sDkgLsf] cf=a=@)&$÷)&% sf] n]vfkl/If0f ePsf] jf;nft, gfkmf—gf]S;fg lx;fa tyf gfkmf—

gf]S;fg afF8kmfF6 lx;fa vftfsf] oyfy{ ¿k/]vf o; k|sf/ 5 M

jf;nft -@)&% cfiff9 d;fGt_

?= xhf/df

;DklQ cf=a= 2074÷75

lb3{sflng ;DklQ

:yL/ ;DklQ 4,649,081

nufgL 3,365,703

:yug s/ ;DklQ 3,657

hDdf lb3{sflng ;DklQ 8,018,441

23

rfn' ;DklQ

gub tyf a}+s df}Hbft 94,994

df}Hbft 2,259,430

ljljw cf;fdL 1,218,773

w/f}6L tyf k]ZsL 1,171,763

hDdf rfn' ;DklQ 4,744,959

s'n ;DklQ 12,763,400

k"FhL tyf bfloTj cf=a= 2074÷75

z]o/ k"FhL

z]o/ k"FhL 3,872,000

hu]8f sf]if 2,385,424

hDdf z]o/ k"FhL 6,257,424

C0f tyf ;fk6L

s_ lb3{sflng C0f 2,484,011

rfn' bfloTj

cNksfnLg C0f 1,813,691

lalaw ;fx' 960,966

cGo rfn' bfloTj 1,247,308

hDdf rfn' bfloTj 4,021,965

s'n bfloTj 12,763,400

gfkmf gf]S;fg lx;fj -@)&% cfiff9 d;fGt_

?= xhf/df

cf=a= 2074÷75

!= ljqmLaf6 cfDbfgL 10,265,064

@= lalqmsf] k/n d'No 6,817,314

#= v'b d'gfkmf 3,447,750

$= cGo cfDbfgL 6,968

%= cGo vr{

;+rfng vr{ 167,623

lalqm tyf ljt/0f vr{ 657,192

x|f; vr{ 675,952

Jofh vr{ 366,875

^= s'n vr{ 1,867,642

24

&= ;Dk"0f{ sf/f]jf/ ;dfj]z kl5sf] v'b gfkmf 1,587,077

*=sd{rf/L af]g; Joj:yf 144,280

(= ;Dk"0f{ sf/f]jf/ / sd{rf/L af]g; ;dfj]z kl5sf]

v'b gfkmf 1,442,797

;+:yfut ;fdflhs pQ/bfloTj Joj:yf 14,428

!)= cfos/ Aoa:yf cl3 sf] v'b gfkmf 1,428,369

!!=cfos/ Aoa:yf 285,094

o; jif{sf] 264,159

:yug s/ cfDbfgL ÷ -vr{_ 20,935

v'b d'gfkmf÷-gf]]S;fg_ 1,143,275

gub k|jfx ljj/0f -@)&% cfiff9 d;fGt_ ?= xhf/df

ljj/0f

cf=a= 2074÷75

s_ sf/f]af/ ;~rfngaf6 gub k|jfx 2,303,391

cfos/k'j{sf] v'b d'gfkmf 1,143,275

hf]8M x|f; sl§ 675,952

hf]8M Aofh e'QmfgL 250,051

hf]8M l:y/ ;Dkltdf lalqmaf6 gfkmf-gf]S;fg_ -

hf]8M ljut aif{sf] cfDbfgL 13,970

hf]8M :yug s/ 20,935

sfo{ut k"FhL ultljlw clwsf] gub k|jfx 2,104,183

;~rfng ;DalGw rfn' ;Dkltdf sdL÷-a[l4_ 199,208

v_ nufgL sf/f]af/df gub k|jfx -3,220,829

bL3{sfnLg nufgLdf sdL÷-a[l4_ -2,089,703

l:y/ ;Dkltdf vl/b -1,134,908

l:y/ ;Dkltdf lalqm 3,782

u_ ljQLo sf/f]af/af6 gub k|jfx 991,838

bL3{sfnLg C0f -a08, l8a]~r/ cflb_ df a[l4÷-sdL_ 133,139

z]o/ kF"hLdf a[l4÷-sdL_ 1,372,000

Aofh e'QmfgL -250,051

nfefz+ e'QmfgL -263,250

3_ gub tyf a}+s df}Hbftsf] ljlgdo b/df ePsf] km/saf6

cfDbfgL÷vr{

ª_ o; jif{sf] ;Dk"0f{ ultljlwaf6 gub k|jfx 74,400

r_ gub tyf a}+sdf /x]sf] z'?sf] df}Hbft 20,594

5_ gub tyf a}+sdf /x]sf] clGtd df}Hbft 94,994

25

-v_ ;~rfng cjlw tLg jif{ JotLt e};s]sf] cj:yfdf ljut tLg jif{sf] / tLg jif{ JotLt e}g;s]sf] cj:yfdf ;+rfng

cjlwe/sf] n]vfk/LIf0f ePsf] gfkmf gf]S;fg, jf;nft ;lxtsf] ;+lIfKt ljQLo ljj/0f -;xfos sDkgL eP ;dli6s[t ?kdf_M

jf;nft

?= xhf/df

;DklQ cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

lb3{sflng ;DklQ

:yL/ ;DklQ 3,366,624 4,193,907 4,649,081

nufgL 880 1,276,000 3,365,703

:yug s/ ;DklQ 26,004 24,592 3,657

hDdf lb3{sflng ;DklQ 3,393,508 5,494,499 8,018,441

rfn' ;DklQ

gub tyf a}+s df}Hbft 63,261 20,594 94,994

df}Hbft 1,139,777 1,604,113 2,259,430

ljljw cf;fdL 604,725 918,551 1,218,773

w/f}6L tyf k]ZsL 957,508 507,612 1,171,763

hDdf rfn' ;DklQ 2,765,271 3,050,870 4,744,959

s'n ;DklQ 6,158,779 8,545,370 12,763,400

k"FhL tyf bfloTj cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

z]o/ k"FhL

z]o/ k"FhL 2,000,000 2,500,000 3,872,000

sn O{g P8efG; 82,940 0 0

hu]8f sf]if 890,657 1,491,429 2,385,424

hDdf z]o/ k"FhL 2,973,597 3,991,429 6,257,424

C0f tyf ;fk6L

s_ lb3{sflng C0f 1,516,833 2,350,872 2,484,011

rfn' bfloTj

cNksfnLg C0f 602,823 875,998 1,813,691

lalaw ;fx' 474,457 664,736 960,966

cGo rfn' bfloTj 591,070 662,335 1,247,308

hDdf rfn' bfloTj 1,668,349 2,203,069 4,021,965

s'n bfloTj 6,158,779 8,545,370 12,763,400

26

gfkmf gf]S;fg lx;fj

?= xhf/df

cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

!= ljqmLaf6 cfDbfgL 5,768,932 7,363,684 10,265,064

@= lalqmsf] k/n d'No 3,736,626 4,907,031 6,817,314

#= v'b d'gfkmf 2,032,306 2,456,653 3,447,750

$= cGo cfDbfgL 15,165 16,484 6,968

%= cGo vr{

;+rfng vr{ 118,799 147,335 167,623

lalqm tyf ljt/0f vr{ 338,102 363,464 657,192

x|f; vr{ 419,082 703,145 675,952

Jofh vr{ 175,480 206,172 366,875

^= s'n vr{ 1,051,463 1,420,115 1,867,642

&= ;Dk"0f{ sf/f]jf/ ;dfj]z kl5sf] v'b gfkmf 996,009 1,053,022 1,587,077

*=sd{rf/L af]g; Joj:yf 34,979 42,000 144,280

(= ;Dk"0f{ sf/f]jf/ / sd{rf/L af]g; ;dfj]z kl5sf] v'b

gfkmf 961,030 1,011,022 1,442,797

;+:yfut ;fdflhs pQ/bfloTj Joj:yf 0 10,110 14,428

!)= cfos/ Aoa:yf cl3 sf] v'b gfkmf 961,030 1,000,911 1,428,369

!!=cfos/ Aoa:yf 183,210 189,539 285,094

o; jif{sf] 178,119 188,127 264,159

:yug s/ cfDbfgL ÷ -vr{_ 5,091 1,411 20,935

v'b d'gfkmf÷-gf]]S;fg_ 777,820 811,373 1,143,275

-u_ cfly{s aif{ ;dfKt ePsf] ^ dlxgf kZrft ljj/0fkq :jLs[tLsf] nfuL k]z u/]df pQm cGtl/d cjlwsf] nflu

n]vfkl/Ifsaf6 k|dfl0ft u/]sf] ckl/is[t ljlQo ljj/0f M

-3_ cfDbfgL / vr{ lx;fjsf] s'g} zLif{sdf 7'nf] dfqfdf kl/jt{g ePdf To;sf] ljZn]if0ffTds sf/0f M ;f] 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, cfly{s jif{ ;dfKt ePsf] ldltaf6 k]z ePsf] 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 -c_ ;DklQsf] ljj/0f -cf_ ;DklQsf] k'gd"{Nof+sg

cl3 / kl5sf] lstfjL d"No -O{_ k'gd"{Nof+sgsf] cf}lrTo M ;f] gePsf] .

-h_ cfufdL tLg jif{sf] k|If]lkt jf;nft, gfkmf gf]S;fg lx;fasf ;fy} To;sf u0fgfsf] cfwf/x? M sDkgLsf] cfufdL # cfly{s

jif{sf] nflu k|If]lkt ljQLo l:ylt b]xfo adf]lhd /x]sf] 5 M

27

jf;nft -k|If]lkt _

?= xhf/df

;DklQ cf=a= 2075÷76 cf=a= 2076÷77 cf=a= 2077÷78

lb3{sflng ;DklQ

:yL/ ;DklQ 4,039,991 3,532,996 3,115,531

nufgL 3,365,703 3,365,703 3,365,703

:yug s/ ;DklQ 13,833 10,375 7,781

hDdf lb3{sflng ;DklQ 7,419,527 6,909,074 6,489,015

rfn' ;DklQ

gub tyf a}+s df}Hbft 174,447 556,409 1,858,183

df}Hbft 2,323,795 2,365,930 2,448,712

ljljw cf;fdL 1,671,140 1,926,315 1,972,598

w/f}6L tyf k]ZsL 991,633 1,115,259 1,205,379

hDdf rfn' ;DklQ 5,161,016 5,963,913 7,484,871

s'n ;DklQ 12,580,543 12,872,986 13,973,886

k"FhL tyf bfloTj cf=a= 2075÷76 cf=a= 2076÷77 cf=a= 2077÷78

z]o/ k"FhL

z]o/ k"FhL 4,400,000 4,400,000 4,400,000

hu]8f sf]if 3,140,820 4,332,247 5,555,037

k|lte"lt k|Lldod 968,000 968,000 968,000

hDdf z]o/ k"FhL 8,508,820 9,700,247 10,923,037

C0f tyf ;fk6L

s_ lb3{sflng C0f 1,622,694 1,271,452 935,646

rfn' bfloTj

cNksfnLg C0f 808,900 0 0

lalaw ;fx' 804,331 884,764 973,240

cGo rfn' bfloTj 835,798 1,016,524 1,141,963

hDdf rfn' bfloTj 2,449,029 1,901,288 2,115,203

s'n bfloTj 12,580,543 12,872,986 13,973,886

28

gfkmf gf]S;fg lx;fj -k|If]lkt _

?= xhf/df

k|If]lkt -?= xhf/df_

cf=a= 2075÷76 cf=a= 2076÷77 cf=a= 2077÷78

!= ljqmLaf6 cfDbfgL 10,938,373 12,608,609 12,911,549

@= lalqmsf] k/n d'No 7,247,328 8,367,633 8,351,179

#= v'b d'gfkmf 3,691,045 4,240,976 4,560,370

$= cGo cfDbfgL 18,174 19,082 20,037

%= cGo vr{

;+rfng vr{ 230,274 288,476 361,848

lalqm tyf ljt/0f vr{ 636,867 725,973 761,358

x|f; vr{ 663,039 551,995 462,465

Jofh vr{ 378,271 174,635 135,572

^= s'n vr{ 1,908,451 1,741,079 1,721,243

&= ;Dk"0f{ sf/f]jf/ ;dfj]z kl5sf] v'b gfkmf 1,800,768 2,518,979 2,859,164

*=sd{rf/L af]g; Joj:yf 163,706 228,998 259,924

(= ;Dk"0f{ sf/f]jf/ / sd{rf/L af]g; ;dfj]z kl5sf]

v'b gfkmf 1,637,061 2,289,981 2,599,240

;+:yfut ;fdflhs pQ/bfloTj Joj:yf 16,371 22,900 25,992

!)= cfos/ Aoa:yf cl3 sf] v'b gfkmf 1,620,691 2,267,082 2,573,247

!!=cfos/ Aoa:yf

o; jif{sf] 294,671 412,197 467,863

:yug s/ cfDbfgL ÷ -vr{_ -10,176_ 3,458 2,594

v'b d'gfkmf÷-gf]]S;fg_ 1,336,196 1,851,427 2,102,791

ljQLo k|If]k0fsf cfwf/x?sf] cf}lrTo k'li6 x'g] ljj/0f b]xfo adf]lhd /x]sf] 5 M

ljj/0f cf=a=

2074÷75

cf=a=

2075÷76

cf=a=

2076÷77

!= s'n cfodf cf}ift a[l4b/ -k|ltztdf_ 39.18 6.66 15.25

@= s'n vr{df cf}ift a[l4b/ -k|ltztdf_ 37.26 5.42 10.41

#= ;+rfng vr{ tyf s'n cfDbfgL cg'kft -k|ltztdf_ 1.63 2.10 2.28

$= v'b d'gfkmfdf cf}ift a[l4b/ -k|ltztdf_ 40.91 16.87 38.56

%= cfos/ Aoj:yf -k|ltztdf_ 18.00 18.00 18.00

k|lt z]o/ cfDbfgL 29.53 30.37 42.08

cGo ;+rfng vr{sf j[l4b/ 13.77 37.38 25.27

Return on Equity (Incl Reserves) 18.27 17.72 21.20

Return on Assets 8.96 10.62 14.38

29

! ljqmL cfDbfgL

;+:yfn] cfly{s aif{ @)&@–&# sf] c;f/ d;fGtb]lv cfly{s aif{ @)&#–&$ sf] c;f9 d;fGt;Dd s'n lalqmaf6 x'g]

cfDbfgLdf @&=^$ k|ltzt sf] j[l4 u/]sf] / cfly{s aif{ @)&$–&% sf] c;f/ d;fGt;Dd #(=$) / cf=j=

@)&%÷)&^, cf=j= &^÷)&& / cf=j= &&÷)&* df qmdzM ^=%^, !%=@& / @=$) k|ltztsf] j[l4 kIf]k0f ul/Psf] 5 .

@ vr{x?

To;}ul/ s'n vr{df cfly{s aif{ @)&%–&^ @)&^–&& / @)&&–&* df qmdz %=$@, !)=$! / –)=#^ k|ltztn] j[l4 x'g]

x'g] cg'dfg ul/Psf] 5 .

# cfDbfgL

sDklgsf] v'b d'gfkmfdf cfly{s aif{ @)&%–&^ @)&^–&& / @)&&–&* df qmdz hDdf !^=*&, #*=%^ /

!#=%* k|ltztsf] j[l4 cg'dfg ul/Psf] 5 .

$ ;+rfng gfkmfsf] !) k|ltzt /sd sd{rf/L jf]g; Joj:yfsf] nfuL 5'6\ofOPsf]5 .

5 cfpbf] aif{x?df ;+:yfn] ug]{ s'n cfodf !* k|ltzt sf] b/n] cfos/sf] Joj:yf ul/Psf] 5 .

6 To;}ul/ ;+:yfn] ug]{ s'n ;+rfng cfosf] ! k|ltzt sf] /sd ;fdflhs pQ/bfloTjsf] nfuL 5'6\ofO{Psf] 5 .

7 ;fy} ;+:yfsf] k|ltz]o/ g]6jy{ ?= !(#.#*, @@)=$^, @$*=@% /xg] cg'dfg ul/Psf] 5 .

u=(=v=ljQLo cg'kft ;DaGwL ljj/0f M

-s_ ;~rfng cjlw tLg aif{ AotLt e};s]sf] cj:yfdf ljut tLg aif{sf] / tLg aif{ AotLt e}g;s]sf] cj:yfdf ;~rfng cjlwsf]

tyf cfufdL tLg aif{sf] k|If]lkt k|lt z]o/ cfDbfgL (EPS) tyf k|lt z]o/ g]6jy{ M

ljj/0f

jf:tljs -?= xhf/df_ k|If]lkt -?= xhf/df_

cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

cf=a=

2075÷76

cf=a=

2076÷77

cf=a=

2077÷78

k|lt z]o/ g]^jy{ -?=_ 144.53 159.66 161.61 193.38 220.46 248.25

k|lt z]o/ cfDbfgL -?=_ 38.89 32.45 29.53 30.37 42.08 47.79

k|lt z]o/ gub nfef+; -?=_ 10.53 10.53 15.00 15.00 20.00 20.00

sDkgLsf] g]6jy{ tyf k|lt z]o/ cfDbfgLdf ePsf] jf:tljs tyf k|If]lkt cf};t k|ltkmn b]xfo adf]lhd /x]sf]5 M

-?= xhf/df_

jf:tljs k|If]lkt

cf=a=

2072÷73

cf=a=

2073÷74

cf=a=

2074÷75

cf=a=

2075÷76

cf=a=

2076÷77

cf=a=

2077÷78

r'Qmf k'+hL 2,000,000 2,500,000 3,872,000 4,400,000 4,400,000 4,400,000

hu]*f tyf sf]ifx? 890,657 1,491,429 2,385,424 4,108,820 5,300,247 6,523,037

s'n g]^jy{ 2,890,657 3,991,429 6,257,424 8,508,820 9,700,247 10,923,037

z]o/ ;+Vof -xhf/df_ 20,000 25,000 38,720 44,000 44,000 44,000

k|lt z]o/ g]^jy{ -?=_ 144.53 159.66 161.61 193.38 220.46 248.25

k|lt z]o/ r'Qmf k'+hL 100 100 100 100 100 100

g]^jy{df cf};t k|ltkmn 26.91 20.33 18.27 15.70 19.09 19.25

lgisfzg k"j{sf] k|lt z]o/ cfDbfgL (EPS) sfod /fVg j[l$ x"g]

g]^jy{df cfjZos Go"gtd k|ltkmn k|ltztdf

19.15

-v_ ljut # aif{sf] g]6jy{df ePsf] cf};t k|ltkmn M@!.*$

sDkgLsf] ljlQo ljj/0f k|If]k0f ljut aif{sf] sf/f]af/sf] cfwf/df lgisfzg sDkgLn] tof/ u/]sf] xf] . pQm ljlQo k|If]k0fsf] cfwf/x?

tyf tl/sf k'g/fjnf]sg u/L l7s 5 elg >L cf/ s] P; P08 P;f]l;o6\;sf rf6{8{ Psfp06]06 >L /fh]z s'df/ zfx tyf sDkgLsf

n]vf k/LIfs rf6{8{ Psfp06]06 >L kf?n s]l8ofn] k|dfl0ft ug'{ ePsf] xf] .

30

u=!)= lwtf]kq lgisfzg ;DaGwL ljj/0f M

u=!)=s= lwtf]kq hf/L ug'{sf] p2]Zo M

sDkgLsf] k|aGwkq tyf lgodfjnLdf ePsf] Joj:yf cg';f/ sDkgLn] cfkm\gf] hf/L k"FhL ?= $,$),)),)),)))÷—-cIf/]kL rf/

cj{ rfln; s/f]8 dfq_ sf] !@ k|ltzt z]o/ ;j{;fwf/0fx?df lgisfzg ug{ ;lsg] x'Fbf %@,*),))) lsQf z]o/ - $$,)),)))

lsQf z]o/ ;j{;fwf/0fsf] nflu tyf *,*),))) lsQf z]o/ pBf]u k|efljt If]qsf jfl;Gbfx?sf lgldQ lgisfzg ;lxt hDdf

%@,*),))) lsQf z]o/_ of] ljj/0fkq dfkm{t lwtf]kq lgisfzg ug{ nfluPsf] xf] . ;j{;fwf/0fdf z]o/ hf/L u/L ;+ul7t

;+:yfdf ;j{;fwf/0f z]o/wgLx?sf] tkm{af6 ;d]t k|ltlglwTj u/fpg] p2]Zon] z]o/ hf/L ug{ nfluPsf] xf] .

u=!)=v= lwtf]kq lgisfzgaf6 k|fKt k'FhLsf] pkof]u M

-s_ lgisfzgaf6 k|fKt x'g] s"n /sdnfO{ s;/L / s'g If]qdf k|of]u ul/g]5 tt\ ;DaGwL ljj/0f M sDkgLn] cfkm\gf] hf/L

k"FhL ?= $,$),)),)),)))÷—-cIf/]kL rf/ cj{ rfln; s/f]8 dfq_ sf] !@% cyf{t ?= %@,*),)),)))÷—-cIf]/]kL afpGg

s/f]8 c;L nfv_ dWo] ?=$$,)),)),)))÷– /sd a/fa/sf] ?=!))÷— c+lst b/df lk|ldod /sd ? @))÷– yk ul/ k|lt

z]o/ ? #))÷– c+lst b/n] $$,)),))) lsQf z]o/ / ?= *,*),)),)))÷– a/fa/sf] ? !))÷– c+lst b/df lk|ldod

/sd ? !))÷– yk ul/ k|lt z]o/ ? @))÷– c+lst b/n] *,*),))) lsQf z]o/ pBf]u k|efljt If]qsf jfl;Gbfsf lgldQ

lgisfzg ul/ k|fKt /sd a}+saf6 lnOPsf] shf{ r'Qmf ug{ tyf pTkfbg ljljlws/0f ug{ / pBf]usf] Ifdtf lj:tf/ ug{]

bl3{sflng of]hgf /x]sf] 5 . cfof]hgf k|efljt If]qsf jfl;Gbfx?af6 lk|ldod ;lxt ;+sng ePsf] /sd ?

!&,^),)),)))÷– tyf tyf ;j{;fwf/0fx?af6 lk|ldod ;lxt ;+sng ePsf] /sd ? !,#@,)),)),)))÷– u/L hDdf /sd

? !,$(,^),)),)))÷– ljleGg a}+saf6 lnOPsf] shf{ r'Qmf ug{ pkof]u ul/g]5 . h;sf] lj:t[t ljj/0f lgDg cg';f/

v'nfOPsf] 5 .

lgisfzgaf6 k|fKt x'g] /sd k|of]u ul/g] If]q 5'§fOPsf] /sd ? s}lkmot

a}+saf6 lnOPsf] shf{ r'Qmf ug{ !,$(,^),)),)))÷

pTkfbg ljljlws/0f ug{, pBf]usf] Ifdtf lj:tf/ ug{ xfn ;f] sfo{sf nflu nfUg] nfut /

To;sf] k|ltkmn ;DalGw ljifo clGtd

lg0f{o geO{;s]sf] x'+bf /sd

g5'6\ofOPsf] .

hDdf /sd ? !,$(,^),)),)))÷

sDkgLn] ljleGg a}+saf6 lnPsf] C0f ;DjlGw ljj/0f

/sd -? s/f]8df_

qm=;+= a}ssf] gfd rfn'

k"FhL

shf{

cNksflng

cfjlws

shf{

cfjlws

shf{ -

I _

cfjlws

shf{ -

II _

cfjlws

shf{ -

IV _

cfjlws

shf{ -

V _

cfjlws

shf{ -

VI _

xfo/

kr]{h

shf{

hDdf

1

a}s ckm

sf7df08f}

ln=

7.50

2.86 0.50 10.09

2.98

1.74

23.93

2 PgPdla a}+s

ln=

1.14

1.43

3 nIdL a}+s

ln=

15.68 2.86 2.06 11.99

3.48

33.86

4 glan a}+s

ln=

54.18 6.57 2.50 8.16 38.07

15.25

4.51

125.79

5 g]kfn a}+s

ln=

8.15 50.00 3.57 11.23

2.03

74.27

6

g]kfn

O{Ge]6d]G6

a}+s ln=

45.62

6.43 1.15 7.45 33.03

10.67

3.86

101.36

7

g]kfn

P;lacfO{

a}+s ln=

1.38

2.14 2.39

0.85

6.61

8

/fli6«o

afl0fHo a}+s

ln=

15.72

2.86 1.96 12.08

3.51

33.93

31

9 ;flgdf a}+s

ln=

9.02 1.43 1.25 2.17 10.56

2.46

25.52

10 l;4f{y a}+s

ln=

4.84 2.14 6.76

1.68

14.53

hDdf

162.09

57.50 32.00 5.40 24.19 133.81

42.90

10.11

441.24

-v_ ;fj{hlgs lgisfzg ul/g] lwtf]kq k"0f{ ?kdf ljqmL gePdf ;fj{hlgs lgisfzgsf] nflu p2]Zo k|fKtL ug{sf] nflu

ckgfOg] a}slNks Joj:yfM cGo sDkgLn] z]o/ lgisfzg ubf{ ljutdf dfu eGbf a9L z]o/sf] nflu b/vf:t k/L z]o/

sf/f]af/ ;d]t eO{ ;s]sf]5 . sy+sbflrt lgisfzg ul/g] z]o/ dWo] pBf]u k|efljt If]qsf jfl;GbfnfO{ 5'§fOPsf] z]o/

k"0f{?kdf vl/b gu/]df af+ls z]o/ ;j{;fwf/0fx?sf] nfuL 5'§fOPsf] z]o/df yk ul/ lgisfzg ul/g] 5 . ;j{;fwf/0fnfO{

5'§fOPsf] z]o/ ;d]t ljqmL geO{ afFsL /x]sf] cj:yfdf k|Tofe'tstf{ >L PgcfOljPn P; Soflk6n lnld6]8;+u ePsf]

;Demf}tf cg';f/ ljqmL ul/g]5 .

-u_ cfof]hgfsf] ;+rfng :yfg, cfof]hgf r/0fa4 ?ksf 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 M

pBf]u lgdf{0f ;DkGg eO{ ljut jif{x? b]lv l;d]G6 pTkfbg ;d]t z'? eO{ ljqmL ljt/0f eO{/x]sf] cj:yf /x]sf]5 .

-3_ cfof]hgf ;DkGg x'g], kl/If0f pTkfbg z'? x'g] / k"0f{ Jofj;flos pTkfbg z'? x'g] cg'dflgt ldlt M

pBf]u lgdf{0f ;DkGg eO{ l;d]G6 pTkfbg ;d]t z'? eO{ lnl8Fu j|f08sf] ?kdf ljqmL ljt/0f eO{/x]sf] cj:yf /x]sf] .

-ª_ ;+ul7t ;+:yfn] s'g} pks/0f vl/b u/]sf] jf ug{ nfu]sf] eP pQm pks/0fsf] d"No jf k|f:tfljt d"No ;Knfo;{sf] gfd /

;Knfo;{;Fu ;Demf}tf ePsf] eP ;f] sf] d'Vo d'Vo a"Fbfx? M

sDkgLn] vl/b u/]sf] pks/0fsf] d"No M

pBf]usf nflu cfjZos ;Dk"0f{ Plant & Machinery equipment, ;+ul7t ;+:yf / M/s Thyssen-Krupp industries Ltd.

aLr ePsf] ;Demf}tf adf]lhd cd]/LsL 8n/ %$,$#,))).)), ABB sDkgL aLr ePsf] ;Demf}tf adf]lhd ef/tLo ?k}ofF

@),%*^&,@$^.)) , Caterpillar af6 cd]/LsL 8n/ !@,$(,%*@.$( / Techpro System af6 cd]/LsL 8n/

@*&,%$@.)), Dalian af6 cd]/LsL 8n/ $(!,))).)) / Reitz India Ltd. af6 cd]/LsL 8n/ @,^&,))).)) / KHD

Humboldt af6 ef/tLo ?k}ofF !(,%),)),))).)) / FLSmidth af6 ef= ?= #$,*^,#),))).)) / cd]/LsL 8n/

(,%),))).)) a/fa/sf] ;fdfg cfoft ePsf] xf] .

-r_ s'g} kf6L{;Fu 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 ;f] gePsf] .

-5_ pTkfbg ;DaGwL cfof]hgf eP ;f] sf] k|s[lt k|of]ustf{ k|lt:kwf{ nlIft ;d"x, pTkfbg Ifdtf ljut jif{x?sf] Ifdtf

pkef]u jf eljiodf ul/g] Ifdtf pkef]u ;DaGwL ljj/0f M ;+ul7t ;+:yfn] pTkfbg ug{] j:t' l;d]G6 xf] . l;d]G6sf] k|of]u

;8s, k"n, hnljB't, 6g{]n, ljB't u[x, gx/, 9n lgsf;, vfg]kfgL, l;+rfO{, cfjfl;o tyf Joj;flos ejg, sDKn]S;,

;/sf/L tyf gLlh 3/ ejg, Xo"d kfO{k, ljB't kf]n, 6fon,pBf]u nufotsf clwsfFz ;+/rgfx?sf] lgdf{0f, k"gM lgdf{0f ug{

/ b]z ljsf;sf cGo k"jf{wf/x?sf] /]Nj], Po/kf{]6{ nufotsf s'/fx?sf] lgdf{0f / dd{t ;Def/ ug{ lgdf{0f;+u ;DalGwt

sfo{x?sf nflu clt cfjZos a:t' /x]sf] . o;sf nLIft ;d"x lgdf{0f pBf]u;+u ;DalGwt Joj;foL jf wlg, pkef]Qmf

;d"x, lgdf{0f sDkgL / JolQmx? x'g . xfn pBf]usf] l;d]G6 pTkfbg Ifdtf b}lgs #))) 6g /x]sf] 5 . pBf]u ljut aif{

b]lv g} ;+rfng eO{ pTkflbt l;d]G6 g]kfnL ahf/df ;xh} lnl8Fu j|f08sf] ?kdf ljqmL lj/0f eO{ /x]sf] 5 . ;fy} eljiodf

pBf]un] cf]= lk= l;= l;d]G6sf cnjf cGo lsl;dsf l;d]G6x? ;d]t pTkfbg u/L pTkfbg ljljlws/0f ;d]tsf sfo{ ug{]

nIo lnPsf] 5

-h_ cfof]hgfsf] nflu cfjZos sRrf kbfy{sf] pknJwtf / To;sf] >f]t M dsjfgk'/ lhNnfdf cjl:yt sDkgLsf] gLlh hUuf

/ /fli6«o jg If]qdf /x]sf vfgL:ynx?af6 r'g 9'Ëf vflgx? pTvgg u/]/ d"Vo sRrf kbfy{sf] k|of]u ug]{ ul/Psf] 5 . ;fy}

cGo sRrf kbfy{x? h:t} sf]Onf, lhD;d cfO{/g cf]/, cfkm\g} pTkfbgn] gk'u x'g] lSn8=s/ , KoflsFu d]6]l/oN; nufotsf

sRrf kbfy{x? cfoft tyf :yfgLo ahf/af6 vl/b u/L k|of]u ub{} cfO{/x]sf 5f}+ .

mailto:!@,$(,%25*@.$

32

-em_ cfof]hgfsf] nflu cfjZos x'g] ljB't, kfgL, Uof;sf] dfqf / To;sf] >f]t M g]kfn ljB't k|flws/0faf6 ljtl/t ljB't tyf

:yfgLo ;|f]taf6 k|fKt x'g] kfgL pBf]udf k|of]u u/L ;+rfngdf k|of]udf NofOPsf] 5 . ljB'tsf] nf]8;]l8Fu ePdf ;d]t

h]g]/]6/af6 @$ ;} 306f pBf]u ;+rfng ug{] u/L a}slNks Joj:yf ul/Psf] 5 .

-`_ ;fj{hlgs lgisfzgsf] nflu ul/g] vr{ k|d'v ?kdf b]xfodf pNn]lvt kIfx?nfO{ lbg] z'Nsx? 5'§f 5'§} ?kdf k|:t't ug'{

kg]{ .

-c_ lgisfzg tyf laqmL k|aGws — ?=%,)),)))÷—

-cf_ 6«i6L -l8j]Gr/ lgisfzgsf] xsdf_ — lgisfzg ul/g] l8j]Gr/ geO{ ;fwf/0f z]o/ ePsf] .

-O{_ k|Tofe"ltstf{ z'Ns — ? %),%$,)%#.**÷—

-O_ lj1x?sf] kfl/>lds jf ;]jf z'Ns — ?=!,%),))) .

-p_ n]vfkl/Ifssf] z'Ns — ?=%),)))÷—

-pm_ cGo – ;'rgf k|sfzg, cfj]bg k|zf]wg nufotsf cGo vr{x? .

u=!)=u= ;fj{hlgs lgisfzgaf6 k|fKt /sdnfO{ cfof]hgfdf k|of]u ug{ k"j{ cGo s'g} Joj:yf ug{ nfluPsf] 5 eg] tT;DaGwL ljj/0fM ;f]

gePsf] .

u=!)=3= lk|ldoddf lwtf]kq hf/L ug]{ ePdf lk|ldod d"No lgwf{/0f ubf{ ckgfO{Psf] ljlw / cf}lrTo M

pBf]u k|efljt If]qsf jfl;Gbfx?nfO{ hf/L ul/g] z]o/df z]o/sf] c+lst d'No ? !))÷– df ? !)) ÷– lk|ldod yk ul/ k|lt

z]o/ ? @))÷– / ;j{;fwf/0fdf hf/L ul/g] z]o/df z]o/sf] c+lst d"No ? !))÷– df ? @))÷– lk|ldod yk ul/ k|lt z]o/

? #))÷– df lgisfzg ul/Psf] 5 . o;sf sf/0f / cf}lrTo lgDgfg';f/ 5g\ .

-!_ sDkgL P]g,@)^# sf] bkmf @( adf]lhd lk|ldod d'Nosf] z]o/ hf/L ug{ ;Sg] ul/ b]xfo adf]lhdsf] cj:yf k"/f ePsf] .

-s_= sDkgL /lhi6|f/sf] sfof{nosf] r= g+= $)%@$, ldlt @)&%.)@.)# ut]sf] kqaf6 sDkgL P]g @)^# sf] bkmf @( -!_

df ePsf] sDkgL P]g klxnf] ;+zf]wg4f/f lk|ldod d"Nodf z]o/ hf/L ug{ sfof{nosf] k"j{ :jLs[lt lng' kg{] k|fjwfg gePsf] elg

l;kmfl/; ;lxt hfgsf/L u/fOPsf] 5 .

-v_ sDkgL ljut tLg aif{ b]lv nuftf/ d'gfkmfdf ;+rfng /x]sf] .

cf=j= gfkmf÷gf]S;fg -?=_

@)&@÷)&# &&,&*,!(,&^$.))

@)&#÷)&$ *!,!#,&@,*&*.))

@)&$÷)&% 1,14,32,75,000.00

-u_ sDkgLsf] ;Dk'0f{ bfloTj eGbf v'b ;DktL -Net Worth_ al9 /x]sf] .

cf=j= v'b ;DktL -Net Worth_

@)&@÷)&# !$$.%#

@)&#÷)&$ !%(.^^

@)&$÷)&% !^!.^!

-3_ sDkgLsf] ljz]if ;fwf/0f;efn] ;j{;fwf/0fdf lk|ldod d'Nodf z]o/ hf/L ug]{ lg0f{o u/]sf] . ;fy} sDkgL P]g @)^# sf] bkmf

@( df ePsf] Joj:yf adf]lhd lk|ldod d"Nodf z]o/ hf/L u/L k|fKt x'g] /sdnfO{ ;f]xL bkmfdf ePsf] Joj:yf cg';f/ dfq

kl/rfng ug{ sDkgL k|ltj4 /x]sf] 5 .

-@_ af]8{sf] lg0f{ofg';f/ sDkgLsf] ljut jt{dfg / eljiosf] ljQLo ljj/0fsf] d"NofÍgsf cfwf/df lk|ldod d"No lgwf{/0fsf ljlw

tyf cfwf/x? b]xfo cg';f/ lgwf{/0f ul/Psf] 5 .

d"NofÍg ljlw d"No

!_ k"FhLs[t ePsf] cfDbfgL @$*=(*

@_ k|lt z]o/ v'b ;DklQsf] d"No !%(=^^

#_ l8isfpG6]8 gub k|jfx ljlw (#@=(!

$_ dfly pNn]lvt ljlwx?sf] cf}ift d"NofÍg ljlw $$&=!*

of] z]o/sf] Valuation cf/=s]=P;= P08 Pzf]l;o6\; rf6{8 Psfp06]06 >L /fh]z s'df/ ;fxn] ug'{ ePsf] xf] .

-#_ lwtf]kqsf] lk|ldod d"No lgwf{/0f ubf{÷u/fpFbf b]xfo cg';f/sf kIfx?sf] cf}lrTo k'li6 ug]{ cfwf/x? ;d]t pNn]v ul/Psf] 5 .

!_ ;DjlGwt Joj;fosf] cf}ift k|ltkmn tyf lj6f u0fgf ePsf] xsdf ;f] sf cfwf/x?

@_ k|lt z]o/ v'b ;DklQsf] d"No lgwf{/0f ug]{ k|of]hgsf nflu ;dfj]z ePsf ljleGg /sdx?sf] lj:t[t ljj/0f tyf

cfwf/x? .

#_ ljQLo k|If]k0fsf cfwf/x?sf] cf}lrTo

33

$_ Discount Rate tyf Terminal Growth Rate u0fgf ubf{sf cfwf/x?M

Risk Free Rate of Return u0gf ubf{ g]kfn /fi6| a}+sn] k|sf;g u/]sf] Development Bonds and Citizen Saving

Certificate df ePsf] Return nfO{ cfwf/ dflgPsf] 5 .

ljj/0f calw s'kg b/

Development Bond 2079 "Gha" 5 Years 2.99%

Development Bond 2084 "Ka" 10 Years 3.83%

Development Bond 2086 "Kha" 12 Years 4.32%








Development Bond 2079 "Nga" 5 Years 5.45%




Average Rate of Return 5.11%

t;y{ 6ld{gn Terminal Growth Rate 5% dflgPsf]5 .

Calculation of Market growth

2063 Ashadh 32 index 386.83

2074 Ashadh 31 index 1,582.67

Period(Years) 11

Compound Annual Growth (RM) 13.66%

o; k|s[ltsf] pBf]usf] k|yd k6s ;j{;fwf/0fdf z]o/ hf/L ug{ nfu]sf] x'gfn] Cost of Equity u0fgf ubf{ Beta=1 lnOPsf] 5 .

Cost of Equity = 5.11+1 *(13.66- 5.11) = 13.66% cfPsf] ePtf klg xfdLn] !$ k|ltzt lnOPsf]5 .

-$_ o; sDkgL k|rlnt sDkgL P]g, @)^# adf]lhd k|rlnt sfg"gsf] clwgdf /lx b]zdf ef}lts k"jf{wf/ lgdf{0f ;DjlGw sfo{sf

;fy} ejg tyf cfjf;Lo 3/ lgdf{0fsf nflu l;d]G6 pknAw u/fO{ cfly{s ljsf;df ;xof]u k'¥ofpg] p2]Zon] ldlt

@)^).)@.!# ut] g]kfn ;/sf/ sDkgL /lhi6«f/sf] sfof{nodf btf{ e} ;kmntfk'j{s sf/f]jf/ ;+rfng ub}{ cfPsf] .

-%_ l;d]G6 pBf]u If]qdf pTs[i6 :yfg xfl;n ug{ ;kmn /x]sf] .

-^_ ;+ul7t ;+:yfsf ;+:yfksx? ljleGg k|ltli7t Jokfl/s 3/fgsf /x]sf] .

-&_ o; ljj/0fkq dfkm{t lk|ldod d"Nodf ;j{;fwf/0fdf laqmL ul/g] ;fwf/0f z]o/sf] d'NofËg ;DjGwL sfo{ >L cf/s]P; P08

Pzf]lzo6\;, rf6{8{ PsfpG6]G; sf7df08f} 4f/f ul/Psf] xf] .

*_ o; ljj/0fkq dfkm{t lk|ldod d"Nodf ;j{;fwf/0fdf laqmL ul/g] ;fwf/0f z]o/sf] d'NofËg ;DjGwL sfo{ n]vfk/LIfs lk= s]=

P08 Pzf]l;o6;sf rf6{8 Psfp06]06 >L kf?n s]l8ofHo"n] k|dfl0ft ug'{ ePsf] xf] .

34

u=!)=ª= lwtf]kqsf] afF8kmfF6, lkmtf{ e'QmfgL tyf ;"rLs/0f ;DaGwL ljj/0f M

-s_ cToflws dfu jf Go"g dfu ePsf] cj:yfdf afF8kmFf6sf] k|s[of M o; ljj/0fkq dfkm{t hf/L ul/Psf] ;fwf/0f z]o/

;+Vof eGbf a9L ;+Vofdf ;fwf/0f z]o/ vl/bsf] nfLu b/vf:t k|fKt x'g cfPdf g]kfn lwtf]kq af]8{sf] k|rlnt ælwtf]kq

lgisfzg tyf aFf8kmFf6 lgb]{lzsf, @)&$Æ df ePsf] Aoj:yf cg';f/ ;fwf/0f z]o/x? afF8kmFf8 ul/g]5 / z]o/

afF8kmfF8 ;DaGwL ;"rgf /fli6«o :t/sf] b}lgs klqsfdf k|sflzt ul/g]5 .

!= z]o/ afF8kmfF6 ubf{ ;a{k|yd ;a} cfj]bsnfO{ bz lsQfsf] b/n] afF8kmfF8 ul/g] 5 .

@= a'Fbf -!_ adf]lhd afF8kmfF8 u/] kZrft afFsL /x]sf] lgisflzt z]o/ aL; jf ;f] eGbf a9L lsQf cfj]bg ug]{

cfj]bsx?nfO{ k'gM bz lsQfsf] b/n] afF8kmfF8 ul/g] 5 .

#= a'Fbf -@_ adf]lhd z]o/ afF8kmfF8sf] k|s[of ;DkGg ePkZrft\ lwtf]kq afFsL ePdf ;f]lx k|s[of ckgfO{ afF8kmfF8

ul/g] 5 .

$= pk/f]Qmfg';f/ z]o/ afF8kmfF6 ubf{ !) lsQfsf b/n] ;a} cfj]bsx?nfO{ afF8kmfF8 ug{ ck'u x'g] cj:yfdf Go"gtd

bz lsQf kfpg] ul/ uf]nf k|yfaf6 cfj]bs 5gf}6 ul/ ul/g] 5 .

%= z]o/ afF8kmfF8 ;km\6j]o/ tyf afF8kmfF8 tflnsfsf ;DaGwdf af]8{sf] ;xdlt lnO{g]5 .

^= z]o/ afF8kmfF8sf] hfgsf/L afF8kmfF8 u/]sf] ef]nLkN6;Dddf af]8{, lwtf]kq ahf/ tyf ;j{;fwf/0fnfO{ hfgsf/L

u/fOg]5 .

-v_ cToflws dfu ePsf] jf afF8kmfF6 gePsf] cj:yfdf lkmtf{ e'QmfgL ;DjGwL Joj:yfM

;j{;fwf/0fnfO{ hf/L ul/g] z]o/ jfktsf] cfj]bg lng] sfo{ lwtf]kq v/Lb -;fj{hlgs lgisfzg_ ;DalGw lgb]{lzsf,

@)&# -l; cf:af_ df ePsf] Joj:yf adf]lhd ;xeflu a}+saf6 x'g]5 . pQm lgb]{lzsfsf] Joj:yf adf]lhd cfj]bssf]

vftfdf g} cfj]bg /sd /f]Ssf /flvg] ePsf]n] z]o/sf] cToflws dfu eO{ k|To]s cfj]bsn] dfu u/] adf]lhdsf] z]o/

afF8kmfF8 ug{ g;lsg] cj:yfdf lghnfO{ afF8kmfF8 ePsf] z]o/ jfktsf] /sd dfq dfu u/L afFsL /sd ;f]xL vftfdf

/f]Ssf sfg'g adf]lhd ;xeflu a}+saf6 g} /f]Ssf km's'jf x'g] Joj:yf ldnfO{g]5 .

pBf]u k|efljt If]qsf jfl;Gbfx?sf] nflu hf/L ul/g] z]o/ cfj]bgsf nflu z]o/ ljqmL aGb ePsf] ldltn] jf]8{n]

lgwf{l/t u/]sf] ;doleq z]o/ afF8kmfF6 u/L k"0f{ jf cf+lzs ?kdf :jLs[t/c:jLs[t ePsf] Joxf]/f hgfOPsf] z]o/

afF8kmfF6 kq / /sd lkmtf{ e'QmfgL k"hf{ lbOg]5 .

-u_ lgj]bg ;fy k|fKt /sdsf] lkmtf{ e'QmfgLdf l9nfO{ ePdf lbOg] Jofhb/ M ælwtf]kq lgisfzg tyf afF8kmfF6 lgb]{lzsf,

@)&$Æ n] lgwf{l/t u/]sf] ;do leq z]o/sf] afF8kmfF8kq tyf /sd lkmtf{ e'QmfgL lbg g;lsPdf z]o/sf] ljqmL aGb

ePsf] ldlt b]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 ;j{;fwf/0fnfO{ hf/L ul/g]

z]o/sf] xsdf lwtf]kq v/Lb -;fj{hlgs lgisfzg_ ;DalGw lgb]{lzsf, @)&$ -l;cf:af_ n] u/]sf] Joj:yf adf]lhd

cfj]bg dfu ug'{kg]{ ePsf], h;cg';f/ cfj]bss} a}+s vftfdf /sd /f]Ssf x'g] Joj:yf /x]sf] .

pBf]u k|efljt If]qsf jfl;Gbfx?sf] nflu hf/L ul/g] z]o/sf] xsdf lwtf]kq lgisf;g tyf afF8kmfF8 lgb]{lzsf, @)&$

n] lgwf{l/t u/]sf] ;doleq z]o/sf] afF8kmfF6kq tyf /sd lkmtf{ e'QmfgL lbg g;lsPdf z]o/sf] ljqmL aGb ePsf]

ldltb]lv /sd lkmtf{ e'QmfgL lbg z'? u/]sf] cl3Nnf] lbg;Ddsf] ;/sf/L 6«]h/LaLnsf] k|rlnt clGtd Jofhb/sf]

cfwf/df x'g cfpg] Jofh ;lxt lx;fj u/L /sd lkmtf{ e'QmfgL ul/g]5 .

-3_ lwtf]kqsf] afF8kmfF6 tyf k|df0fkq hf/L ;DjGwL k|s[of / ;dofjwL M ;j{;fwf/0fdf lgisf;g ul/g] ;fwf/0f z]o/

ælwtf]kq lgisfzg tyf aFf8kmFf6 lgb]{lzsf, @)&$Æ df Joj:yf eP cg';f/ afF8kmfF8 u/L ;"lrs/0f eP kZrft\ ælwtf]kq

s]lGb|o lgIf]k ;]jf lgodfjnL, @)^&Æ sf] lgod @$ sf] pklgod & adf]lhd ;DalGwt z]o/wgLsf] lxtu|fxL vftfdf

cef}lts ?kdf z]o/ hDdf u/L ul/g]5 . tyf pBf]u k|efljt If]qsf jfl;Gbfx?sf] nflu hf/L ul/g] z]o/sf] xsdf

lgisf;g ul/g] ;fwf/0f z]o/ k|rlnt lwtf]kq lgisf;g tyf afF8kmfF8 lgb]{lzsf, @)&$ tyf k|rlnt z]o/ afF8kmfF6

;DjGwL Joj:yf cg';f/ ;fwf/0f z]o/sf] afF8kmfF6 u/L pBf]u k|efljt If]qsf jfl;Gbfx?sf] xsdf tf]lsPsf] ;dofjlw leq

z]o/ k|df0f kq ljt/0f ul/g]5 tyf ;j{;fwf/0fx?sf] xsdf g]kfn :6s PS;r]~h lnld6]8df ;"lrs/0f tyf l;l8P; P08

lSnol/Ë lnld6]8df lwtf]kq btf{ u/fO{ cfj]bsx?sf] lxtu|fxL vftfdf afF8kmf8 ePsf] z]o/ hDdf ul/g] Joj:yf ldnfOg]

5 .

35

-ª_ 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 :f+:yfn] k"/f ug'{kg]{ zt{x? ;DalGw ljj/0f M ;f] gePsf] .

-r_ lwtf]kq ;"lrs/0f e}g;s]sf] eP, ;+ul7t ;+:yfn] lgisfzg tyf ljqmL ul/g] lwtf]kqx? k|rlnt P]g, lgod cg';f/ ;xh

v/Lb/laqmL jf ljlgdo x'g ;Sg] u/fpgsf] nflu ul/g] Joj:yf ;DaGwL ljj/0f M o; ljj/0fkq cg';f/ hf/L ul/Psf]

;fwf/0f z]o/x? lwtf]kq lgisfzg tyf afF8kmfF8 lgb]{lzsf, @)&$ df ePsf] Joj:yf cg';f/ afF8kmfF8 u/L bf];|f] jhf/df

sf/f]jf/ x'g] Joj:yfsf] nflu g]kfn :6s PS;r]~h ;'rLs/0f u/fO{ sf/f]jf/ x'g] Joj:yf ldnfOg]5 .

u=!)=r= k|Tofe"lt ;DaGwL ljj/0f M

-s_ lwtf]kq k|Tofe"lt ug]{ ;+ul7t ;+:yfsf] gfd, 7]ufgf / k|Tofe"lt ug]{ lwtf]kqsf] ;+Vof / /sd M o; ljj/0fkq dfkm{t

lgisfzg ug{ nfluPsf] lwtf]kq dWo] ;j{;fwf/0fnfO{ lgisfzg ug{ nfu]sf] lk|ldod ;lxt hf/L d'No ? #))÷ c+lst

b/sf $$,)),))) lsQf z]o/n] x'g] s'n /sd ? !,#@,)),)),)))÷– -cIf]/]kL Ps cj{ alQ; s/f]8 dfq / pBf]u

k|efljt If]qsf :yfgLo jfl;Gbfx?nfO{ hf/L ul/g] *,*),))) lsQf z]o/sf] lk|ldod ;lxt k|lt z]o/ hf/L d"No ?

@))÷– sf] ? !&,^),)),)))÷– -cIf]/]kL ;q s/f]8 ;f7L nfv dfq_ sf] ;t\ k|ltztn] x'g cfpg] s'n /sd ?

!,$(,^),)),)))÷– -cIf]/]kL Ps cj{ pgGkrf; s/f]8 ;f7L nfvsf] nflu PgcfOljPn P; Soflk6n lnld6]8af6

k|Tofe"lt k|bfg u/fO{Psf] 5 .

-v_ lwtf]kq k|Tofe"ltstf{;Fu ul/Psf] ;Demf}tfsf] d'Vo d'Vo aF"bfx? M o; ljj/0fkq dfkm{t lgisfzg ug{ nfluPsf] lwtf]kqsf]

k|Tofe"ltstf{;Fu d'Vo a'Fbfx? b]xfo adf]lhd /x]sf] 5 .

!= k|Tofe"ltstf{n] ;j{;fwf/0fdf hf/L ul/g] z]o/sf] lk|ldod ;lxt k|lt z]o/ d'No ? #))÷– c+lst b/sf

$$,)),))) lsQf z]o/ / pBf]u k|efljt If]qsf :yfgLo jf;Lsf] nflu hf/L ul/g] z]o/sf] lk|ldod ;lxt k|lt

z]o/ d'No ? @))÷– c+lst b/sf *,*),))) lsQf z]o/sf] nflu k|Tofe"lt ;]jf k|bfg u/]sf] 5 .

@= k|Tofe"ltstf{nfO{ k|Tofe"lt ;]jf k|bfg u/] jfkt ;+ul7t ;+:yfn] ? %),%$,)%#.** - krf; nfv rjGg xhf/

lqkGg ?k}of k};f c7f;L dfq _ sldzgsf] ?kdf lbOg] 5 .

#= o; ljj/0fkq cg';f/ hf/L ul/g] ;fwf/0f z]o/x?df k|Tofe"ltstf{sf] bfloTj k|Tofe"ltt lsQf z]o/x?df dfq

;Lldt x'g]5 .

$= o; ljj/0fkq cg';f/ hf/L ul/g] ;fwf/0f z]o/x? k"0f{ ?kdf laqmL gePdf dfly pNn]lvt k|Tofe"ltt lsQf

z]o/x?df ;Lldt x'g] u/L v/Lb ug]{ ;xdtL hgfPsf] 5 .

%= o; ;Demf}tf kqsf] cjlw lgisfzg tyf ljqmL k|aGws ;DalGw sfo{ ;dfKt geOGh]n ;Dd dfq x'g]5 .

^= o; ljj/0fkq cg';f/ hf/L ul/g] ;fwf/0f z]o/x? k"0f{ ?kdf laqmL ePsf] hfgsf/L k|fKt kZrft ;Demf}tf kq

:jtM vf/]h x'g]5 .

&= pQm cjlwdf s'g} ljjfb pTkGg ePdf cfk;L ;Dembf/Ldf ;dfwfg ul/g]5 t/ ;Dembf/Ldf cfpg g;Sg]

cj:yfdf dWo:tstf{sf] ;xeflutfdf ;dfwfg ul/g] 5 .

u=!)=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 M o; ljj/0fkq cg';f/ lgisf;g ul/Psf z]o/sf]

afF8kmfF6df k/]sf z]o/wgLx?sf] 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 Joj:yf k|rlnt sfg"g cg';f/ x'g]5

.

-v_ lgodfjnL, k|aGwkq k|fKt ug]{ jf x]g{ ;Sg] 7fpF, e'QmfgL ug]{ tl/sf, lng'kg]{ Go"gtd lwtf]kq ;+Vof / ;f] eGbf dfly lng]

ePdf s'g u'0ffÍdf lng ;Sg] xf] ;f] ;DaGwL ljj/0f M

!= o; sDkgLsf] k|aGwkq tyf lgodfjnL sfof{no ;do leq sDkgLsf] skf]{/]6 sfof{no cgfdgu/, sf7df08f} jf

lwtf]kq lgisfzg tyf laqmL k|aGws l;4fy{ Soflk6n lnld6]8, gf/fo0frf}/, gS;fn, sf7df08f}+df ;Dks{ /flv x]g{ jf

k|fKt ug{ ;lsg]5 .

@= o; ljj/0fkq dfkm{t lgisfzg ul/g] ;fwf/0f z]o/ vl/bsf nflu b/vf:t lbFbf cfof]hgf k|efljt If]qsf

b/vf:tjfnfn] b/vf:t;fy cfkm'n] vl/b ug{ rfx]sf] ;fwf/0f z]o/ ;+Vofsf] k|lt ;fwf/0f z]o/ ?=!))÷— df lk|ldod

/sd ? !))÷– yk u/L k|lt z]o/ ? @))÷– sf b/n] ASBA k|0ffnL dfkm{t b/vf:t lbg' kg]{5 . cfof]hgf k|efljt

If]q jfx]ssf ;j{;fw/0f b/vf:tjfnfn] b/vf:t;fy cfkm'n] vl/b ug{ rfx]sf] ;fwf/0f z]o/ ;+Vofsf] k|lt ;fwf/0f

z]o/ ?=!))÷— df lk|ldod /sd ? @))÷– yk u/L k|lt z]o/ ? #))÷– sf b/n] C–ASBA k|0ffnL dfkm{t

cfj]bg lbg ;Sg]5g\ .

#= o; ljj/0fkq dfkm{t lgisfzg ul/g] ;fwf/0f z]o/sf] nflu b/vf:t lbFbf b/vf:tjfnfn] sDtLdf %) -krf;_ lsQf

;fwf/0f z]o/sf] nflu b/vf:t lbg' kg]{5 . olb s'g} b/vf:tjfnfn] %) lsQf eGbf a9L z]o/ vl/bsf nflu b/vf:t

lbg rfx]df !) c+ssf] u'0ffÍdf pBf]u k|efljt If]qsf cfj]bsx?sf] xsdf clwstd %,&(,^$) lsQf tyf cGo ;j{

36

;fwf/0f cfj]bsx?sf] xsdf sDtLdf %) -krf;_ lsQf / clwstd $$,)),))) ;Dk'0f{ lsQf;Dd ;fwf/0f z]o/

vl/b ug{sf nflu b/vf:t lbg' kg]{5 .

-u_ cfj]bg lb+bf kfngf ug'{kg]{ zt{ aGb]hx? h:t} Ps eGbf a9L b/vf:t lbg gkfOg], nufgLstf{sf] klxrfgsf] nflu

gful/stf÷hGdbtf{sf] k|dfl0ft k|df0fkqsf] k|ltlnlk k]z ug'{kg]{ jf lwtf]kq bnfn Joj;foLn] lbPsf] u|fxssf] kl/ro

gDa/ / ;DalGwt Joj;foLsf] gfd v'nfpg'kg]{ / a}+s vftf dfkm{t sf/f]af/ ul/g'kg]{ h:tf kIfx? M

pBf]u k|efljt If]q dsjfgk'/ lhNnfsf :yfgLo afl;Gbfx?n] o; ljj/0fkq dfkm{t lgisfzg ul/g] ;fwf/0f z]o/ lgDg

adf]lhd cfj]bg lbg ;Sg]5g\ .

lxtu|fxL vftf /x]sf / a}+s vftfdf /sd /f]Ssf u/L l;–cf:jf (C-ASBA) k|0ffnL dfkm{t cfj]bg ug{ ;Sg]5g .

!= lwtf]kq vl/b ug{sf nflu b/vf:t lbg rfxg]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 (C-ASBA) k|0ffnL dfkm{t cfj]bg ;+sng ug{

cfj4 cf:jf (ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yf tyf tLgsf zfvf sfof{nox?af6 cfj]bg lbg

;Sg]5g\ . o;/L cfj]bg lng ;Sg] a}s tyf ljlQo ;+:yfsf] ljj/0f CDS and Clearing Limited n] cfkm\gf]

j]j ;fO{6 www.cdscnp.com df Registered Banks in C-ASBA cGt{ut pNn]v u/]sf] 5 .

@= cfj]bg lb+bf clgjfo{?kdf pBf]u k|efljt If]qsf afl;Gbf k|dfl0ft ug]{ gful/stfsf] k|df0fkqsf] k|ltlnlk jf

:yflgo lgsfoaf6 hf/L sfuhft a'emfpg' kg]{5 . a;fO{ ;/fO{ eO{ cfPsfsf] xsdf cfkm\gf] jf;:yfg /x]sf]

dsjfgk'/ lhNnfsf] jfl;Gbf k|dfl0ft ug]{ ;DalGwt lgsfosf] l;kmfl/;kq tyf ljjfx eO{ cfPsf cfj]bssf]

xsdf lajfx btf{ k|df0fkqsf] k|ltlnlk ;dfj]z ug'{kg]{5 . gfjfnssf] xsdf cfdf÷afa'n] ;+/Ifs eO{ cfj]bg

lbg' k/]df g]kfn ;/sf/sf] kl~hsflwsf/Lsf] sfof{noaf6 k|fKt gfafnssf] hGdbtf{ k|df0f–kqsf] k|ltlnkL tyf

;+/Ifssf] gful/stf k|df0fkqsf] k|ltlnkL ;+/Ifs :jo+n] k|dfl0ft u/L cfj]bg;fy k]z ug'{kg]{5 .

#= C-ASBA ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx?n] cfj]bg kmf/d a'lemln+bf pNn]lvt sfuhft ;+nUg u/]

gu/]sf] olSsg u/L ;Ssn sfuhft;+u ?h' u/]/ dfq a'lemlng'kg]{5 / o;/L a'emLlnPsf] kmf/d tf]lsPsf]

;dofjlw leq C-ASBA k|0ffnLdf k|j[li6 ug'{kg]{5 .

$= cf:jf (C-ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfn] C-ASBA cGt{ut lng] cfj]bgsf] 9fFrf

lwtf]kqsf] ;fj{hlgs lgisfzgsf] s]lGb|s[t ljB'tLo ;]jf ;DaGwL sfo{ ;~rfng lgb]{lzsf, @)&$ sf] cg';'rL %

adf]lhd x'g'kg]{5 .

;j{;fwf/0fn] o; ljj/0fkq dfkm{t lgisfzg ul/g] ;fwf/0f z]o/ lgDg adf]lhd cfj]bg lbg ;Sg]5g\ .

!= lwtf]kq vl/b ug{sf nflu b/vf:t lbg rfxg]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 (C-ASBA) k|0ffnL dfkm{t cfj]bg ;+sng ug{

cfj4 cf:jf (ASBA) ;]jfdf ;xefuL a}s tyf ljQLo ;+:yf tyf tLgsf zfvf sfof{nox?af6 cfj]bg lbg

;Sg]5g\ .

@= C-ASBA ;]jfdf ;xefuL a}s tyf ljQLo ;+:yfx?n] pk/f]Qm adf]lhd a'emLlnPsf] kmf/d tf]lsPsf] ;dofjlw

leq C-ASBA k|0ffnLdf k|j[li6 ug'{kg]{5 .

cfj]bg lbg] ;DaGwdf cGo zt{ tyf hfgsf/Lx?

!= Ps JolQmn] cfkm'n] lng rfx]sf] ;Dk"0f{ z]o/sf] nflu Psj6f dfq cfj]bg u/]sf] x'g' kg]{5 . olb Ps} JolQmn] Ps

eGbf a9L cfj]bg lbPsf] e]l6Pdf lghn] lbPsf] ;a} cfj]bgx?nfO{ /2 ul/g]5 .

@= pBf]u k|efljt If]qsf afl;Gbfx?n] z]o/ vl/b u/]df ;j{;fwf/0fsf nflu ;fj{hlgs lgisfzg ul/g] ;fwf/0f

z]o/sf] nflu k'gM cfj]bg lbg kfpg] 5}gg\ .

#= ?=!) nfv ;Dd /sd a/fa/sf] cfj]bg ug]{ b/vf:tjfnfn] :j]lR5s ?kdf / ?=!) nfv eGbf a9L /sd

a/fa/sf] cfj]bg ug]{ b/vf:tjfnfn] clgjfo{ ?kdf Kofg (PAN No.) gDa/ b/vf:t kmf/ddf v'nfpg' kg]{5 .

$= ;j{;fwf/0fnfO{ hf/L ul/Psf] z]o/sf] xsdf lgisfzg v'Nnf ul/Psf] klxnf] lbg b]lv g} ;+ul7t ;+:yfn] ;d]t

cfj]bg lbg ;Sg]5g\ .

u=!!= ;DalGwt kIf aLrsf] sf/f]af/ ;DaGwL ljj/0f M

37

lgisfzgstf{ ;+ul7t ;+:yf / lgDg lnlvt kIf aLr ljut @ aif{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 AolQmx?sf] gfd, ltgLx?sf] ;+ul7t ;+:yf;Fusf] ;DaGw, sf/f]af/sf] k|s[lt /

/sd M

-s_ ;+ul7t ;+:yfsf] sfo{sf/L clws[t jf ;+rfnssf] ?kdf /x]sf] AolQm M sf/f]af/ gePsf] .

-v_ cfwf/e"t z]o/wgL M sf/f]af/ gePsf] .

-u_ v08 -s_ / -v_ df pNn]lvt s'g} AolQmsf] Psf3/ kl/jf/sf] ;b:o M sf/f]af/ 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 M

qm=;+= gfd, y/ #) k|ltzt jf ;f] eGbf dtflwsf/ x'g] u/L z]o/

u|x0f u/]sf] ;+:yfsf] gfd / z]o/ k|ltzt

o; lzjd l;d]G6;\ ln=;+usf]

lghsf] cfj4tf

! >L ;'/]Gb| s'df/ uf]on c/ljGb O{Dkf]l/od k|f= ln=, slknj:t' !))

k|ltzt

sfo{sf/L cWoIf

@ >L /3'gGbg df? nIdL nfO{d k|8S6;\, x]6f}8f, !)) k|ltzt ;+rfns

# >L ;lGbk s'df/ zf/bf Kffof]lgo/ df]6/ qmk{ k|f= ln= !)) k|ltzt ,

sG:6|Szg zf]n'zg k|f= ln= %) k|ltzt, O{FGkm|f6]s

k|f= ln= %) k|ltzt, P;lklh 6|]l8Fu k|f= ln= %%

k|ltzt, P;lklh c6f]df]jfO{n k|f= ln= !))

k|ltzt, l;Dkn 6|Szg k|f= ln= !)) k|ltzt .

;+rfns

$ >L /f]lxt u'Ktf 6]ln6s k|f= ln= $@.%) k|ltzt, 6]ln8fO{/]S6 k|f=

ln= $@.%) k|ltzt, 6]lng]6 k|f= ln=, $@.%)

k|ltzt , 6]lne]Gr/ kf6{g;{ k|f= ln= %) k|ltzt,

nSsL u|'k g]kfn k|f= ln= #) k|ltzt, o'lge;{n

O{n]S6|f]sd kmd{sf] !)) k|ltzt .

;+rfns

% >L z'lzn u'Ktf n'lDagL ljB't pBf]u k|f= ln= ^) k|ltzt /

o'lge;{n 6|]l8Fu !)) k|ltzt .

cfwf/e"t z]o/wlg

^ >L gGblszf]/ d'Gb8f 6]Sgf] hof Hj]n/L k|f= ln= ##.## k|ltzt cfwf/e"t z]o/wlg

& >L b]jls;g d'Gb8f 6]Sgf] hof Hj]n/L k|f= ln= ##.## k|ltzt cfwf/e"t z]o/wlg

* >L k|ef -uf]oGsf_

led;/Lof

8fod08 g]kfn O{G6/k|fO{h]h k|f= ln= !)) k|ltzt,

df]On 6g{ 6|]l8Fu k|f= ln= %) k|ltzt, km\o"r/ 6|]8

k|f= ln= %) k|ltzt, P;= cf/= O{Dk]S; k|f= ln=

%) k|ltzt, a|fO{6 KjfO{G6 g]kfn 6|]l8Fu k|f= ln=

!)) k|ltzt

cfwf/e"t z]o/wlg

( >L ljgf]b s'df/ led;/Lof Pstf ODk]S; kmd{sf] !)) k|ltzt, lkljl8 jN8{

jfO{8 6|]l8Fu k|f= ln= df ## k|ltzt

cfwf/e"t z]o/wlg

-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 # aif{ cufl8sf] cjlwdf ;+:yfsf] ;+rfns jf ;+rfnssf] Psf3/

kl/jf/sf] ;b:osf nflu s'g} sf/f]jf/ 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;Fu lnPsf] eP pQm C0f ;DaGwL lj:t[t

ljj/0f h:t} C0f afkt lnPsf] /sd, C0fsf] Aofhb/, C0f lnPsf] ldlt, C0f e'QmfgL cjlw cflb s'/f ljj/0fkqdf v'nfpg'

kg]{ M C0f sf/f]af/ u/]sf] 5}g .

u=!@= ljb]zL nufgL / Aoa:yfkg ;DaGwL ljj/0f M

ljb]zL nufgL / Aoa:yfkgdf ;+ul7t ;+:yf ;+rfng x'g] eP ;f] sf] ljj/0fsf ;fy} ;DalGwt ;Demf}tfsf] d'Vo tyf tflTjs

a'Fbfx? M sDkgLdf ljb]zL nufgL / ljb]zL Aoa:yfkg g/x]sf] .

u=!#= ;"rLs[t ;+ul7t ;+:yfn] ;fj{hlgs lgisfzg ug]{ ePdf b]xfosf] ljj/0f pNn]v ug'{ kg]{ M

38

-s_ ;+ul7t ;+:yfsf] ljut # cfly{s aif{sf] k|To]s q}dfl;s cjlwsf] pRrtd, Go"gtd, clGtd ahf/ d"Nosf ;fy} sf/f]jf/

ePsf] z]o/ ;+VofM lgisfzgstf{ sDkgL ;"rLs[t ;+ul7t ;+:yf 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]kqsf] ;+Vof M gePsf] .

u=!$= kl5Nnf] ;fj{hlgs lgisfzgsf] cg'dfg tyf pknAwL ;DaGwL ljj/0f M

;+ul7t ;+:yfn] o; eGbf cuf8L lwtf]kq lgisfzg 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 nIo tyf 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 xfn ;Dd

s'g} ;fj{hlgs lgisfzg gul/Psf] .

u=!%= k/fdz{bftf÷ laz]if1 ;DaGwL ljj/0f M

-s_ n]vfkl/Ifs, 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

c_ sDkgLsf] cf=j=@)&$÷&% sf] cfDbfgL vr{ lx;fa tyf jf;nftsf] n]vfk/LIf0f lk=s]= P08 P;f]l;o6\; rf6{8 Psfp06]G6;

sf l; P kf?n s]l8ofn] ug'{ePsf] 5 .

cf_ o; lgisfzgsf] nflu k|d'v a}+ssf] Aoa:yf ul/Psf] 5}g .

O_ o; lgisfzgsf] nflu b]xfosf a}+snfO{ lgisfzg a}+s (Banker to the Issue) sf] ?kdf lgo'Qm ul/Psf] 5 .

l;=g+= lgisfzg a}+ssf] gfd, 7]ufgf

!= >L l;4fy{ a}+s ln=, xflQ;f/, sf7df08f}+ .

;fy} cfjZostf cg';f/ lgisfzg aGb x'g' cufj} jf]8{nfO{ hfgsf/L lbO{ cGo a}+sx?nfO{ ;d]t o; z]o/ lgisfzgsf] nflu

lgisfzg a}+ssf] ?kdf lgo'Qm ug{ ;lsg]5 .

O{_ o; ljj/0fkqdf pNn]lvt ljQLo ljj/0f tyf k|If]k0fsf] cg'dfg tyf cfwf/x? xfnsf] ahf/sf] l:ylt, lgisfzgstf{

sDkgLsf] xfnsf] bIftf / lgisfzgstf{ sDkgLn] k|fKt u/]sf] xfn;Ddsf] sfo{ k|ultsf] cfwf/df k'g/fjnf]sg u/L ljj/0f

7Ls 5 egL rf6{8{ Psfp06]06 ;+:yf cf/= s]= P; = P08 P;f]l;o6\; sf rf6{8 Psfp06]06 >L /fh]z s'df/ ;fxn] k|dfl0ft

ug'{ePsf]5 .

-v_ dfly v08 -s_ df pNn]lvt ;+:yf jf JolQm;Fu ePsf] ;xdltsf d'Vo d'Vo a'Fbf tyf zt{x? M

;Demf}tfdf ePsf d'Vo d'Vo a'Fbfx? lgDg /x]sf 5g\ .

!_ n]vfk/LIfs

n]vfkl/IfsnfO{ cf=j= )&$÷)&% sf] n]vfkl/If0f jfkt ?=#,%),))) ÷– z'Ns a'emfPsf]] 5 cGo s'g} zt{x? g/x]sf] .

@_ lgisfzg a}+s

l;4fy{ a}+s lnld6]8 lgisfzg a}+ssf] ?kdf /x]sf] 5 . cfof]hgf k|efljt If]qsf cfj]bsx?af6 ;+sng s]Gb| dfkm{t

;+sng ePsf] Psd'i7 /sd lgisfzg a}+sdf hDdf ul/g]5 .

#_ ljQLo k|If]k0fsf] ljj/0f tof/ kfg]{ lj1

ljlQo k|If]k0f tof/ ul/lbg] ljz]if1nfO{ ;]jf z'Ns jfkt /sd ? !,%),)))÷– a'emfPsf]] 5 . k|If]lkt ljQLo ljj/0f

yk36 tyf kl/dfh{g ug'{k/]df ;d]t ;f]xL cg';f/ k|If]lkt ljQLo ljj/0f tof/ ug'{kg]{5 .

u=!^= cfof]hgf ;DkGg ug{sf] nflu ;fj{hlgs lgisfzg afx]s cGo ljQLo >f]tx? k|of]u ul/Psf] 5÷5}g, tT;DaGwL ljj/0f M

lzjd\ l;d]G6;\ lnld6]8sf] pBf]u ;+rfngsf nflu gljn a}+s lnld6]8, g]kfn OGe]i6d]06 a}+s lnld6]8, nIdL a}+s lnld6]8, a}+s

ckm sf7df08f} lnld6]8, ;flgdf a}+s lnld6]8, g]kfn P;ljcfO{ a}+s lnld6]8, l;4fy{ a}+s lnld6]8, g]kfn a}+s lnld6]8, /fli6«o

afl0fHo a}+s lnld6]8 / PgPdlj a}+s lnld6]8 dfkm{t ljQLo ;|f]tx?sf] k|of]u ul/Psf] 5 . असार d;fGt ;Ddsf] ljQLo >f]tsf]

ljj/0f b]xfo cg'[;f/ /x]sf] 5 .

l;= g+= a}s lb3{sflng shf{ clwljsif{ tyf

cNksflng shf{ hDdf

! a}s ckm sf7df08f} ln= 181,593,987.04 75,000,000.00 256,593,987.04

@ PgPdla a}+s ln= 11,432,000.00

11,432,000.00

# nIdL a}+s ln= 203,804,864.00 156,800,000.00 360,604,864.00

39

$ glan a}+s ln= 750,566,368.00 541,800,000.00 1,292,366,368.00

% g]kfn a}+s ln= 168,255,574.00 581,500,000.00 749,755,574.00

^ g]kfn O{Ge[i6d]G6 a}+s ln= 625,906,834.45 456,200,000.00 1,082,106,834.45

& g]kfn P;lacfO{ a}+s ln= 53,850,297.00 13,800,000.00 67,650,297.00

* /fli6«o afl0fHo a}+s ln= 204,060,577.00 157,200,000.00 361,260,577.00

( ;flgdf a}+s ln= 178,767,389.00 90,200,000.00 268,967,389.00

!) l;bf{y a}+s ln= 105,773,149.00 48,400,000.00 154,173,149.00

hDdf 2,484,011,039.49 2,120,900,000.00 4,604,911,039.49

u=!&= 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

-!_=sDkgLn] g]kfn ljB't k|flws/0f s]lGb|o sfof{no sf7df8f}+ ;d]tsf lj?4 @)&@ ;fn >fj0f b]lv @)&@ ;fn d+l;/;Ddsf]

cjlwsf] ljB't ljn adf]lhdsf] dx;'n bflvnf u/L;s]kl5 u}/sfg"gL tl/sfn] yk dx;'n nufO{ 5'6 ljn cGt/utsf] /sd

bflvnf ug{ g]= lj= k|f= n] dfu u/]sf]df ;f] sf lj?4 >L ;jf{]Rr cbfnt, sf7df8f}+ ;dIf pTk|]if0fsf] cfb]z4f/f /sd dfu

u/]sf] pQm kq / lg0f{o ;d]t ab/ u/L cfb]z hf/L u/L kfFpm elg l/6 lgj]bg bfo/ ul/Psf]df ;Ddflgt ;jf{]Rr cbfntaf6

ldltM @)&%.)&.@) ut] l/6 hf/L eO g]kfn ljB't k|flws/0fn] dfu u/] adf]lhdsf] yk dx;'n /sd ? !%,%@,*#,^^@.))

cIf]?kL kGw| s/f]8 jfpGg nfv lqof;L xhf/ 5 ;o lq;7\7L ?k}ofF dfq bflvnf ug'{gkg{] u/L clGtd km};nf ePsf] /

km};nfsf] k'0f{ kf7 tof/L s} qmddf /x]sf] elg ;jf{]Rj cbfntaf6 hfgsf/L k|fKt ePsf]n] sDkgLnfO{ s'g} yk cfly{s bfloTj

gx'g] .

-@_= sDkgLn] cf= j= @)^&.^*, @)^*.)^(, @)&).)&! / @)&!.&@ sf] cfo Joo ljj/0f cg';f/ >L 7'nfs/bftf sfof{no,

k"Nrf]s nlntk'/af6 x|f;s6[L nufotsf s]lx vr{x?nfO{ cdfGo u/L ;+zf]lwt s/ lgwf{/0f cfb]z hf/L u/]sf]df sDkgLn] pQm

lg0f{o :jLsf/ gu/]sf] x'+bf k|zf;sLo k"gj/fjnf]sgsf nflu >L cfGtl/s /fh:j ljefusf dxflgb{]zHo", ;dIf k|zf;sLo

k"g/fjnf]sg u/L kfFpg lgj]bg lbPsf]df xfn cfGtl/s /fh:j ljefudf ljrf/flwg /x]sf] 5 . sydsbflrt sDkgLn] bfo/

u/]sf] k|zf;sLo k"g/fjnf]sg ;DalGw d'Bfdf lg0f{o x'+bf sDkgLn] lnPsf] bfjL gk'Ug] u/L 7x/ km};nf x'g uPdf yk s/

jfktsf] /sd ? !#%,#$,!$#.*& cIf]?kL Ps s/f]8 k}+lt; nfv rf}+lt; xhf/ Ps ;o lqrfln; / k};f ;tf;L dfq x'g]5 /

kl5Nnf cf= j= x?sf] cfo ljj/0f k]z ubf{ 7"nfs/bftf sfof{noaf6 sfod u/]sf] x|f; cfwf/nfO{ cfwf/ dfgL ;f]xL cg';f/

x|f; s6[L u/L s/ /sd bflvnf u/L;s]sf] x'+bf sDkgLnfO{ yk s/sf] bfloTj gx'g] .

-v_ ;+ul7t ;+:yfnfO{ c;/ kg]{ u/L ;+:yfsf] ;+:yfks÷;+rfnsn] jf nfO{ bfo/ ul/Psf] d'2f ;DaGwL ljj/0f M vfgL tyf vlgh

P]g @)$@ / vfgL tyf vlgh kbfy{ lgodfjnL @)%^ adf]lhd lzjd l;d]G6;\ ln= sf gfddf hf/L ePsf] dsjfgk'/ lhNnf

;fljs a'9Lrf}/, l7Fug uf= lj= ;= cGt/utsf] r'g9'Fuf pTvgg\ cg'dlt kq g+= &*.)^^.)^& cGt/ut cg'dlt k|fKt If]qdf

sDkgLsf nflu r'g9'+uf pTvgg\ u/]sf] ljifodf lhNnf jg sfof{non] s]lx ;fgf] Pl/ofdf jg If]qsf] cltqmd0f ePsf] elg o;

sDkgLsf ;+rfns >L /3'gGbg df?nfO{ ljkIfL agfO{ lhNnf jg sfof{no, dsjfgk'/n] >L dsjfgk'/ lhNnf cbfntdf d'4f

bfo/ u/]sf]df xfn pQm d'4f ljrf/flwg /x]sf] 5 . / lhNnf jg sfof{non] bfo/ u/]sf] pQm d'Bfdf lhNnf jg sfof{nosf]

bfjL k'Ug] ul/ 7x/ km};nf ePsf] cj:yfdf ljuf] ?= #&,^),&#&.#^ / ljuf] adf]lhd bf]Jj/ hl/jfgf ?= &%,@!,$&$.&@ yk

bfloTj x'g]5 .

-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] ;+:yfks÷;+rfnssf] gfd / ;hfo ug]{ lgodg lgsfo jf cbfntsf]

gfd pNn]v ug'{kg]{ M ;f] gePsf] .

-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=!*= u'gf;f] ;'Gg] / ;dfwfg ug]{ k|s[of 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 ljz]if sIfsf] Joj:yf ul/Psf] 5 . nufgLstf{x?n] b]xfPsf] dfWod dfkm{t cfˆgf] u'gf;f] tyf

;'emfjx? >L ;'hg afa' clwsf/L dfkm{t k|]lift ug{ ;Sg]5g\ M

kmf]g g+=M$$@)(@$, ̂ ofS; g+=M$$@)(@(, E-mail : [email protected]

u=!(= gub glnO{ s;}nfO{ lwtf]kq lgisfzg ul/Psf] 5 eg] To:tf] JolQm jf ;d"xsf] gfd, v/Lb ul/Psf] ;DklQ jf ;]jf ;DaGwL

ljj/0f, lgisfzg ul/Psf] lwtf]kqsf] ;+Vof / b/ ;DaGwL ljj/0f M ;f] gePsf] .

40

u=@)= C0fkq lgisfzg ;DaGwL ljj/0f M xfn;Dd sDkgLn] C0fkq hf/L ul/Psf] 5}g / cfjZostf cg';f/ eljiodf C0fkq hf/L

ug{ ;lsg]5 .

u=@!= cu|flwsf/ z]o/ lgisfzg ;DaGwL ljj/0f M ;f] gePsf] .

u=@@= cGo ;fdfGo hfgsf/L M

-s_ ljz]if1sf] s'g} /fo ePdf, ;f] sf] ljj/0f M ;f] gePsf] .

-v_ ut tLg cfly{s jif{ leqdf s'g} ;+rfns, n]vfk/LIfs kl/jt{g ePsf] eP, ;f] sf] sf/0f M s'g} kl/jt{g gePsf] .

-u_ sDkgL ;lrjsf] gfd, 7]ufgf / of]Uotf M

kfNkf lhNnf /Def ufFpkflnsf j8f g++ !, x'+uL :yfoL 3/ 7]ufgf eO{ xfn sf7df8f}+ lhNnf a9flgns07 gu/kflnsf j8f g+=

*, uf]Nkm'6f/ lgjf;L, sfg"g ljifodf :gftx tx plt{0f z}lIfs of]Uotf xfl;n u/L g]kfn af/ sfplG;naf6 clwjQmfsf] k|df0f

kq ;d]t k|fKt ug'{ ePsf >L n]vgfy cof{n o; sDkgLsf] sDkgL ;lrjsf] ?kdf sfo{/t x'g'x'G5 .

-3_ ;fj{hlgs lgisfzg ug{sf nflu ;+rfns ;ldltaf6 ePsf] lg0f{o ;DaGwL ljj/0f M

lzjd\ l;d]G6; lnld6]8sf] ldlt @)&$.!).@! ut]sf] ljz]if ;fwf/0f ;efsf] lg0f{o adf]lhd hf/L kF"hL dWo]af6 pBf]usf

:yfgLo jfl;Gbf ;lxtsf ;j{;fwf/0fx?sf] nflu lk|ldod d"Nodf z]o/ ;fj{hlgs lgisfzg ;lxtsf] $$),)),))) lsQf

z]o/x? g]kfn lwtf]kq af]8{df btf{ u/fpg] .

-ª_ ;+ul7t ;+:yf jf o;sf z]o/wgLnfO{ s'g} ljz]if s/ ;'ljwf lbOPsf] eP, ;f] ;DaGwL ljj/0f M k|rlnt cfos/ P]g adf]lhd

skf{]/]6 s/sf] b/ @% k|ltzt nfUg]df of] ;+ul7t ;+:yf ljz]if pBf]u cGt/utsf] ;+:yf ePsf]n] @) k|ltzt s/sf] b/ nfUg]

/ #)) hgf eGbf al9 g]kfnL gful/sx?nfO{ k|ToIf /f]huf/L pknJw u/fpg] ;+:yfnfO x'g] yk !) k|ltzt 5'6 ;d]t k|fKt

eP adf]lhd v'b d'gfkmfdf !* k|ltztsf b/n] dfq s/ nfUg] Joj:yf /x]sf]5 .

-r_ ;+ul7t ;+:yfsf] kl5Nnf] cfly{s jif{sf] n]vfk/LIf0f ePsf] jf;nft, gfkmf gf]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] skf]{/]6 sfof{no, cgfdgu/, sf7df08f}+ .

@= lwtf]kq lgisfzg tyf laqmL k|aGws >L l;4fy{ Soflk6n lnld6]8, gf/fo0frf}/, gS;fn, sf7df08f} .

-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 af]g; z]o/ lgisfzg

;DaGwL Joj:yf cg';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 dfkm{t lgisfzg ul/g] ?= %@,*),)),)))÷—-cIf]/]kL ? afpGg s/f]8 c;L nfv dfq_ /sd a/fa/sf] ? !))

c+lst b/sf] %@,*),))) lsQf z]o/ dWo] ? !)) c+lst b/df lk|ldod /sd ? !))÷– yk u/L k|lt lsQf ? @))÷– b/n]

*,*),))) lsQf z]o/ pBf]u k|efljt If]qsf jfl;Gbfsf nflu ;'/lIft ul/Psf] 5 . cfof]hgf k|efljt If]q afx]ssf

;j{;fwf/0fsf nflu 5'§fOPsf] $$,)),))) lsQfsf] % k|ltzt z]o/ cyf{t @,@),))) lsQf z]o/ ;fd"lxs nufgL sf]ifsf

nflu tyf lwtf]kq lgisfzg tyf afF8kmfF8 lgb]{lzsf, @)&$ sf] bkmf %-!_ df ePsf] Joj:yf cg';f/ ;+ul7t ;+:yfn]

;j{;fwf/0fnfO{ 5'§fPsf] z]o/ dWo] j9Ldf % k|ltzt ;Dd ;+:yfdf sfo{/t s/f/ / Hofnfbf/L sd{rf/L jfx]ssf sd{rf/LnfO{

5'§fpg ;Sg]5 eGg] Joj:yf cg';f/ ;j{;fwf/0fsf nflu 5'§fOPsf] $$,)),))) lsQfsf] % k|ltzt z]o/ cyf{t @,@),)))

lsQf z]o/ ;+ul7t ;+:yfsf sd{rf/Lx?sf nflu 5'§fOPsf] 5 .

-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]{ Joj;fo;+u ;DalGwt cGo 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/0fkq dfkm{t lgisflzt ;fwf/0f z]o/ laqmL ljt/0fsf nflu cfof]hgf k|efljt If]qsf cfj]bsx?sf] xsdf -pBf]u

k|efljt If]q_ dsjfgk'/ lhNnfdf sDtLdf $ :yfg tyf j9Ldf cfjZostf cg';f/ ;+sng s]Gb|sf] Joj:yf u/L cfjb]g

kmf/d tyf ljj/0fkq ljt/0f / cfj]bg kmf/d ;lxt b/vf:t /sd a'lemlng] Aoa:yf ul/g]5 tyf cfof]hgf k|efljt If]qsf

cfj]bsx? afx]s ;j{;fwf/0fsf] nflu 5'§fOPsf] z]o/ cfj]bgsf nflu g]kfn lwtf]kq af]8{af6 cg'dlt k|fKt l;cf:jf ;]jfdf

;xeflu a}+s tyf ljQLo ;+:yfx? dfkm{t ;+sng ul/g]5 .

-6_ qm]l86 /]l6Ë ;DaGwL Aoa:yf M

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o; ljj/0fkq cg';f/ ;fwf/0f z]o/sf] nflu æqm]l86 /]l6Ë lgodfjnL, @)^*Æ sf] lgod # df ePsf] Aoa:yf adf]lhd g]kfn

lwtf]kq af]8{af6 cg'dlt k|fKt qm]l86 /]l6Ë ;+:yf O{qmf g]kfn ln=, l8NnLahf/, sf7df08f}+af6 qm]l86 /]l6Ë u/fO{ ldlt

@)&$.!@.)! df æO{qmf Pglk cfO{lkcf] u|]8 #+ Æ k|df0fkq k|fKt u/]sf] 5 . æO{qmf Pglk cfO{lkcf] u|]8 # ++ n] cf};t

(Average Fundamental) cfwf/x? 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 .

-7_ ljj/0fkq tof/ ug]{ JolQmsf] gfd, y/, z}lIfs of]Uotf / cg'ejsf] ljj/0f M o; ljj/0fkq tof/ kfg]{ Joj;flos ;+:yfdf

laqmL k|aGws l;4fy{ Soflk6n lnld6]8, gf/fo0frf}/, gS;fn, sf7df08f}+ /x]sf]5 .

-8_ ;sf/fTds kIfx? M lzjd l;d]G6 cTofw'lgs hd{g k|ljlwo'Qm KnfG6 P08 d]lzg/L hl8t pBf]u xf] . r'g9'Ëf ;+sngsf] nflu

k|ofKt If]qkmn ;lxtsf] r'g9'Ëf /fVg ;Sg] Ifdtfo'Qm e08f/0f sIf, jftfj/0fLo jfo' k|b'if{0f lgoGq0fsf nflu Aofu lkmN6/ /

Aofu xfp; lgdf{0f tyf g]kfn u'0f:t/ lrGx ,g]kfn :6\of088{ $(, Bureau of Indian Standard Certification Mark,

cfOP;cf] ISO k|df0f kq !$))!M@))$, cfO;cf] k|df0f kq ())!M@))* / cf]PrP;PP; OHSAS k|df0f kq

!*))!M@))& sf] dfGotf k|fKt u/]sf] 5 . pBf]udf @$ ;} 306f cfkm\g} cTofw'lgs Nofjaf6 x/]s !, !, 306fdf pTkfbg

k/LIf0f ug{] ul/Psf] 5 . r'g9'+Fufsf] u'f0:t/ kl/If0fsf] nflu :jrflnt X-ray Machinery pBf]u d} h8Lt 5 . ;fy}

pTkflbt l;d]G6sf] x/]s Jofr ;/sf/L tyf cGo lghL Nofjx?df ;d]t lgoldt u'0f:t/ k/LIf0f ug{] ul/g'sf ;fy} l;d]G6sf ]

Compressive Strength kl/If0f ug{] pRr k|ljlwo'Qm d]lzg/L hl8t 6]lSgsn Eofgaf6 l;d]G6sf] 1fg ePsf cg'ejL

O{lGhlgo/, k|fljlws dfkm{t lgM z'Ns lgdf{0f:yndf uO{ cfkm\gf] l;d]G6sf] u'0f:t/sf] hfgsf/L u/fpg] Joj:yf ldnfO{Psf] 5 .

sDkgLn] pTkfbg u/]sf] l;d]G6 pRr u'0f:t/Lo /x]sf] 5 . pNn]lvt s'/fx?sf cltl/Qm xfn ahf/df cToflws dfqfdf

?rfO{sf] jf cfd pkef]Qmfsf] /f]hfO{df lzjd l;d]G6 k/]sf] x'+bf lnl8Fu a|f08sf ?kdf :yflkt x'g', s'zn Pj+ cg'ejL ;+rfns

tyf ;DalGwt If]qdf nfdf] sfo{fcg'ej ePsf sd{rf/Lx? sDkgLdf cfj4 /xg' , g]kfn s} cu|0fL ;/sf/L tyf gLlh If]qaf6

;+rflnt a}+sx?af6 kl/of]hgf cg'?ksf] shf{ nufgL ;d]t eO{;s]sf] nufotsf sfo{x? sDkgLsf ;sf/fTds kIfx? x'g .

-9_ lwtf]kq lgisfzg lgodfjnL, @)&# sf] lgod ( sf] pklgod # sf Aoa:yfx? b]xfo adf]lhd /x]sf] 5 M

-!_ cfkm\gf] p2]Zo cg';f/ sf/f]af/ ;+rfng ug{sf nflu cjZos sfo{x? cufl8 a9fO{ Ps aif{sf] cjlw k"/f ul/;s]sf] M

sDkgLn] cfkm\gf] p2]Zo cg';f/ sf/f]af/ ;+rfng ub}{ cfO/x]sf]n] Ps aif{sf] cjlw k"/f ul/;s]sf] .

-@_ k|rlnt sfg"g adf]lhd n]vfk/LIf0f tyf ;fwf/0f ;ef ;DkGg u/]sf] M o; sDkgLn] sDkgL P]g, @)^# adf]lhd ;fwf/0f

;ef ub}{ cfO/x]sf] / ldlt @)&$.)(.@% df ;DkGg bf];|f] jflif{s ;fwf/0faf6 cf=j= @)&$.)&% sf] nflu rf6{8{ Psfp06]06

;+:yf >L lk=s]= P08 P;f]lzo6\;nfO{ n]vfkl/Ifs lgo'Qm ul/Psf] . rf6{8{ Psfp06]06 ;+:yf >L lk=s]= P08 P;f]lzo6\;af6

cf=j= @)&$.)&% sf] n]vfkl/If0f ;DkGg e};s]sf] .

-#_ k|rlnt sfg'g adf]lhd ;+ul7t ;+:yfn] ug]{ d"Vo sfo{ ug{sf] nflu s'g} lgsfoaf6 Ohfht, cg'dlt jf :jLs[lt lng'kg]{

ePdf To:tf] Ohfht cg'dlt jf :jLs[lt lnO;s]sf] M l:js[tL lnO{ l;d]G6 pTkfbg z'? e};s]sf] .

-$_ ;+ul7t ;+:yfsf] nflu cjZos kg]{ hUuf vl/b 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 e};s]sf] .

-%_ pTkfbgsf] k|ljlw 5gf}6 u/L pBf]usf] nflu cjZos kg]{ oflGqs pks/0f tyf To;sf kf6k'hf{ cflb vl/b ug{'kg]{ ePdf

vl/b k|lqmof cufl8 a9fO;s]sf] M o; sDkgLsf] nflu cfjZos kg]{ oflGqs pks/0f tyf To;sf kf6k'hf{ cflb vl/b u/L

;~rfngdf /x]sf] .

-^_ kl/of]hgf lgdf{0fsf nflu kmfOgflG;on Snf]h/ e};s]sf] M kmfO{gflG;on Snf]h/ e};s]sf] .

-&_ hnljB't pTkfbg ;+:yf ePdf, ljB't vl/b ;Demf}tf ul/;s]sf] / hnljB't u[x tyf cGo k"jf{wf/x? lgdf{0fsf] nflu 6]08/

cfJxfg ul/;s]sf] M nfu' gx'g] .

-*_ kl/of]hgf lgdf{0f cjlwe/ sDkgLsf] C0f / k'FhLsf] cg'kft lwtf]kq lgisfzg lgb]{lzsfdf tf]lsP adf]lhd /fVg ;xdt

ePsf] M

o; sDkgLn] kl/of]hgf lgdf{0f cjlwe/ sDkgLsf] C0f / k'FhLsf] cg'kft lwtf]kq lgisfzg lgb]{lzsfdf tf]lsP adf]lhd

/fVg ;xdt ePsf].

-(_ ;+:yfksx?n] cfkm'n] lng sj'n u/]sf] /sd zt k||ltzt r'Qmf e};s]sf] M ;+:yfksx?n] cfkm'n] lng sj'n u/]sf] /sd ?

#,*&,@),)),)))÷—-cIf/]kL tLg cj{ ;tf;L s/f]8 aL; nfv dfq_ zt k||ltzt r'Qmf e};s]sf] / ;f] sf] clen]v sDkgL

/lhi6«f/sf] sfof{nodf ;d]t e};s]sf] .

-!)_ ;j{;fwf/0fdf lgisfzg ug{ nfu]sf] z]o/x? lwtf]kq lgisfzg lgb]{lzsfdf tf]lsP adf]lhd k|Tofe"lt u/fPsf] M o;

sDkgLn] ;j{;fwf/0fdf lgisfzg ug{ nfu]sf] z]o/x? lwtf]kq lgisfzg tyf afF8kmfF8 lgb]{lzsf, @)&$ df tf]lsP adf]lhd

PgcfOljPn P; Soflk6n lnld6]8, nflhDkf6;Fu ;Demf}tf u/L k|Tofe'lt u/fPsf] .

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-0f_ z]o/ /lhi6«f/ ;DaGwL Joj:yf M g]kfn :6s PS;r]Gh lnld6]8df ;"lrs/0f u/] kZrft\ z]o/sf] bflvn vf/]h, 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 Joj:yf ul/g]5 .

-t_ lwtf]kq laqmL v'Nnf cjlw M. o; ljj/0fkq dfkm{t pBf]u k|efljt If]q dsjfgk'/ lhNnfsf jfl;Gbfx?df lgisfzg ul/g]

;fwf/0f z]o/sf] nflu cfj]bg lbg] cjlw #) lbg v'Nnf /xg]5 . pBf]u k|efljt If]q dsjfgk'/sf jfl;GbfxnfO{ hf/L

ul/Psf] z]o/ afF8kmfF8 ePsf] ldltn] # lbg leq ;j{;fwf/0fsf nflu z]o/ lgisfzg v'Nnfsf] nflu cfx\jfgkq k|sflzt

ul/g]5 . ;j{;fwf/0fsf] nflu cfj]bg lbg] cjlw sDtLdf $ sfo{ lbg / j9Ldf #) lbg x'g]5 .

-y_ lwtf]kq lgisfzgsf] qmddf af]8{af6 :jLs[t ePsf] ljj/0fkq nufgLstf{n] ;xh ?kdf x]g{ ;Sg] / pgLx?nfO{ ;'lrt

lg0f{o (Informed decision) df k'Ug ;xh ug]{ p2]Zon] To:tf ljj/0fx? lwtf]kq lgisfzg tyf ljqmL k|aGws l;4fy{

Soflk6n lnld6]8sf] j]e;fO6 www.siddharthacapital.com tyf lgisfzgstf{ sDkgL lzjd\ l;d]G6;\ lnld6]8sf]

j]e;fO6 www.shivamcement.com.np df laqmL aGb geP;Dd /flvg]5 .

-b_ af]8{af6 :jLs[t ePsf] ljj/0fkq ;fj{hlgs lgisfzgsf] nflu k|sfzg ug'{ @ lbg cufl8 ;f] sf] Ps k|lt (Soft Copy)

af]8{sf] j]e;fO6df /fVg] k|of]hgsf] nflu pknAw u/fOg]5 .

u=@#= o; ljj/0fkqdf k|sflzt tYo tyf ljj/0fx? 7Ls b'?:t 5g, ;f] df s'g} km/s k/]df xfdL ;+rfnsx? k"0f{ ?kdf lhDd]jf/

x'g]5f}+ egL ;xL 5fk ug]{ ;+rfns tyf lj1x?sf] gfd tyf b:tvt .

l;=g+= ;+rfnsx?sf] gfd Kfb b:tvt

! >L ;'/]Gb| s'df/ uf]on cWoIf

@ >L /3'gGbg df? ;+rfns

# >L ;lGbk s'df/ zf/bf ;+rfns

$ >L cldt df]/ ;+rfns

% >L /f]lxt u'Ktf ;+rfns

u=@$ lgisfzg tyf laqmL k|aGwssf] k|:t't u/]sf] k|lta4tf kq -8\o' 8]lnh]G;\ ;l6{lkms]6_ sf] k|lt M

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u=@% ljj/0fkq, ljQLo ljj/0f tyf cGo s'g} s'/fdf lj1n] /fo lbPsf] eP ;f] ;DaGwL kq M

ljj/0fkq - SEBON · 2019. 2. 12. · ljj/0fkq - SEBON ... 3 -

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Transcript of ljj/0fkq - SEBON · 2019. 2. 12. · ljj/0fkq - SEBON ... 3 -