Dhaulagiri (DLBS) and Khaptad Laghubitta (KLBS) To Observe Transaction Closure on Ashad 19 for Merger

Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and Khaptad Laghubitta Bittiya Sanstha Limited (DLBS) will observe closure of transactions on Ashad 19 for merger related processes.

In a joint notice issued by both the microfinance companies, they notified of the same.

Following the merger, the company will extend its joint services under the name Dhaulagiri Laghubitta Bittiya Sanstha Limited from Ashad 20 (i.e., July 05).

DLBS has 10.31 lakh units of its IPO shares listed and KLBS has 4 lakh units of its shares listed on the Nepal Stock Exchange (NEPSE). Therefore, the total paid-up capital of DLBS is Rs. 10.31 Crores whereas the same of KLBS is Rs. 4 Crores.

The central office of Dhaulagiri Laghubitta Bittiya Sanstha Limited after the merger will be located in Gandaki Province, Baglung District, Baglung Municipality.

As of writing Khaptad Laghubitta and Dhaulagiri Laghubitta have an LTP of Rs. 865 and Rs. 773.50, respectively.