Ghodighoda Laghubitta Calls SGM to Endorse Merger-Related Agendas with Unique Nepal Laghubitta; What is the Share Swap Ratio?

Mon, Sep 13, 2021 11:46 AM on Merger/Acquistion, Latest,

Ghodighoda Laghubitta Bittiya Sanstha Limited (GGBSL) has called its first SGM on Ashwin 16. The meeting will be held in Hotel Rubus, Dhangadhi, Kailali.

Ghodighoda Laghubitta and Unique Nepal Laghubitta signed the merger agreement with each other. Thus, share trading was halted from Kartik 21 last year. Since the merger procedure is ongoing, the company has requested the exchange to keep trading halted.

The primary agenda of the SGM is related to the merger itself. Among other agendas, the meeting will endorse a 1: 0.5 share swap ratio between Ghodighoda Laghubitta and Unique Nepal Laghubitta.