Nerude Mirmire Laghubitta Finalizes New Shareholding Structure: 51.49% Promoter, 48.51% Public

Mon, Jun 10, 2024 5:26 PM on Latest, Stock Market,

Nerude Mirmire Laghubitta Bittiya Sanstha Limited (NMLBBL) has successfully completed all necessary procedures to change its promoter to public shareholding ratio and has submitted a request to NEPSE to record the updated securities structure.

Following this modification, out of the total 13,977,643 shares listed on NEPSE, the promoter group now holds 7,196,505.74 shares (51.49%), while the general public holds 6,781,136.98 shares (48.51%). This update has been recorded as per the decision made on Jestha 28, 2081.

Previously, Nerude Laghubitta and Mirmire Laghubitta signed a merger agreement on Poush 11, 2079. The merger was executed at a swap ratio of 1:1. Prior to the merger, the share capital of NLBBL and MMFDB was Rs. 73.20 Crores and Rs. 66.57 Crores, respectively. Post-merger, the share capital reached Rs. 1.39 Arba. Following a successful merger, NLBBL and MMFDB began joint operations under the name "Nerude Mirmire Laghubitta Bittiya Sanstha Limited" on Falgun 30, 2080.