After the Successful Acquisition of ADLB, 2.48 Lakh Additional Shares of Deprosc Laghubitta Listed in NEPSE For Trading

Sun, Jun 25, 2023 3:34 PM on Latest, Share Listed, Merger/Acquistion,

248,400 additional shares of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) have been listed in NEPSE after a successful acquisition of Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) by Deprosc Laghubitta.

Deprosc Laghubitta had acquired Adarsha Laghubitta with a swap ratio of 1:1. Both companies signed MoU for acquisition on Ashwin 23, 2079. DDBL's total listed shares were 152,62,484 units and that of ADLB was 248,400 units making it a total of 15,510,883 unit shares or Rs 1.55 Arba paid-up capital after the acquisition.

After a successful acquisition of ADLB, Deprosc Laghubitta commenced the joint transaction in the name of " Deprosc Laghubitta Bittiya Sanstha Limited" from Ashad 01, 2080. Therefore the listed shares will start trading under the symbol "DDBL."

DDBL closed at Rs. 738 today.