Sadhana Laghubitta and Sabaiko Laghubitta Inks Agreement For Merger on Bhadra 15
Sat, Sep 2, 2023 11:09 AM on Merger/Acquistion, Latest,
Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) and Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) have taken a significant step towards integration and expansion by signing a Memorandum of Understanding (MoU) for the merger on Bhadra 15, 2080.
The swap ratio for the merger is yet to be announced. The total paid-up capital of SDLBSL is Rs. 38.22 Crores and that of SABSL is Rs. 31.86 Crores.
The merger plan is now subject to approval by the regulatory authorities and relevant stakeholders. Upon obtaining the necessary approvals, the two institutions will proceed with the integration process.
The LTP of SDLBSL as of Wednesday is Rs. 620 and that of SABSL is Rs. 605.
