Dhaulagiri Laghubitta and Khaptad Laghubitta Receive Final Approval From NRB for Merger

Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) have received final approval from Nepal Rastra Bank (NRB) for the merger.

As per the notice published in NEPSE, the letter issued by NRB dated Jestha 24 has provided final approval for a merger between the two microfinance companies.

Both companies signed MoU for the merger on 18th Mangsir 2079. 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.

As of writing, DLBS and KLBS have an LTP of Rs. 751 and Rs. 945.40 respectively.