10% of Mero Microfinance Laghubitta Promoter Shares To Get Converted into Public Share
Thu, Jan 4, 2024 11:19 AM on Latest,
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has published a notice regarding the change of its promoter to public shareholding ratio from the existing 69.40% - 30.60% to 59.40% -40.60% as granted by Nepal Rastra Bank.
As of now, the company has 1,32,00,000 unit shares listed in NEPSE. Likewise, the shareholding structure consists of the promoter (69.40%) i.e. 91,60,800 units, and the public (30.60%) i.e. 40,39,200 units. The company will be changing the ratio of promoter and public shares of the company to 59.40: 40.60. The company has now informed that if any of the shareholders are not willing to convert their ownership of the founder shares into a public group should make a self-declaration accordingly within 35 days from the date of publication of this notice to the company's corporate office located at Battar, Nuwakot,.
MERO closed at Rs.547.00 yesterday.
