Shares of Womi Laghubitta gets listed after merger with Nagarik Laghubitta; trading in security resumed

Nepal Stock Exchange Limited (NEPSE) has published notice regarding listing of Womi Laghubitta Bittiya Sanstha Limited (WOMI) after merger with Nagarik Laghubitta Bittiya Sanstha.

As per the notice, 504,000 unit shares having par value of Rs.100 each have been listed on the stock exchange and trading in securities of WOMI has been resumed as per the decision made on Posh 17, 2076 i.e. today. The trading in security of WOMI had been halted due to merger with Nagarik Laghubitta.

Nagarik Laghubitta had a paid up capital of Rs.7 Crore before merger. The swap ratio was finalized at 100:72 after which 5.04 Lakh units have been listed. Nagarik Laghubitta had not issued an IPO. The paid up capital of WOMI post-merger stands at Rs.25.25 Crore.