After Successful Merger, Shares of Dhaulagiri Laghubitta and National Microfinance Laghubitta Listed in NEPSE

Tue, Aug 15, 2023 3:52 PM on Latest, Share Listed, Merger/Acquistion,

300,000 shares of Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) after a successful merger between Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) and Dhaulagiri Laghubitta have been listed in NEPSE.

DLBS and KLBS signed the merger agreement with each other on 18th Mangsir 2079. The company had signed a merger deal at a swap ratio of 1: 0.75. The share capital of DLBS was Rs. 10.31 Crores and that of KLBS was Rs. 4 Crores before the merger. The total paid-up capital has reached Rs. 13.31 Crores after the merger.

DLBS and KLBS commenced the joint transaction in the name of "Dhaulagiri Laghubitta Bittiya Sanstha Limited" on 20th Ashad, 2080. The open price range is set as Rs. 768.61 for the first transactions.

Likewise, 40,95,300 shares of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) after a successful merger between NMFBS and Summit Laghubitta (SMFDB) have also been listed in NEPSE.

NMFBS and SMFDB signed the merger agreement with each other on Ashwin 26, 2079. The company had signed a merger deal at a swap ratio of 1:0.73. As a result, investors who now own 100 shares of SMFDB would receive 73 shares of the merged company. The share capital of NMFBS and SMFDB before the merger was Rs. 67.46 Crores and Rs. 56.1 Crores, which reached Rs. 1.08 Arba after the merger.

The open price range is set as Rs. 1215.29 for the first transactions.

After a successful merger, NMFBS and SMFDB commenced the joint transaction in the name of "National Microfinance Laghubitta Bittiya Sanstha Limited" on 30th Ashad, 2080.