SAMAJ and GBLBS Sign MoU for Merger/Acquisition on Falgun 17

Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) and Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) have taken a major step towards integration by signing a Memorandum of Understanding (MoU) for a merger/acquisition on Falgun 17, 2081.

SAMAJ has a total paid-up capital of Rs. 2.28 Crores, whereas GBLBS holds Rs. 98.25 Crores in paid-up capital. The proposed merger/acquisition is now subject to approval from regulatory authorities and other relevant stakeholders. Upon receiving the necessary approvals, the institutions will move forward with the integration process.

As of the last trading day, SAMAJ’s last traded price (LTP) stood at Rs. 3,539, while GBLBS recorded an LTP of Rs. 891.