Shares of Sahara Bikas Bank Listed Under Garima Bikas Bank (GBBL) After Acquisition
Thu, Mar 10, 2022 10:30 AM on Latest, Share Listed,
27,22,706.04 units shares of Garima Bikas Bank Limited have been listed in NEPSE.
These are the shares obtained after the acquisition of Sahara Bikas Bank Limited. After a successful acquisition, Garima Bikas Bank Limited and Sahara Bikas Bank Limited have commenced their joint operation under the name Garima Bikas Bank Limited from 28th Kartik, 2078.
Garima Bikas Bank acquired Sahara Bikash Bank in a share swap ratio of 1: 1. The paid-up capital after acquisition has been Rs. 3,94,81,83,105.08.
As of writing, GBBL has an LTP of Rs. 534.
