Joint Trading of Sadhana Laghubitta and Sabaiko Laghubitta Shares Transactions Suspended

The share transaction of Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) and Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has been halted in preparation for their joint integrated transaction. This step follows the completion of the final merger procedure between the two companies, which recently received approval from Nepal Rastra Bank (NRB).

In accordance with Section 9 (2) of the Merger and Acquisition Directive 2079, the Nepal Stock Exchange (NEPSE) has issued a circular to suspend the share transactions of SDLBSL and SABSL. The new entity is to be named "Sampada Laghubitta Bittiya Sanstha Limited." The joint business operations are set to commence on Ashad 30, 2081. It is important to note that all services from both companies will be temporarily suspended on Ashadh 29th to facilitate the smooth transition of data.

After the merger, the central office of "Sampada Laghubitta Bittiya Sanstha Limited" will be located at Bandipur-1, Dumre, Tanahun.

SDLBSL closed at Rs. 1,067.00 and SABSL closed at Rs. 1,045.00 yesterday.