Mahuli Laghubitta Bittiya Sanstha Limited Announces SGM to Approve Share Swap Ratio After Merger

Sun, Aug 9, 2020 10:14 AM on AGM/Special AGM, Latest,

Mahuli Laghubitta Bittiya Sanstha Limited has announced its SGM to be held on Bhadra 9, 2077 (August 25, 2020), at its central office in Saptari.

Among other proposals, the share swap ratio determined after the merger of Mahuli Laghubitta Bittiya Sanstha with Navkiran Laghubitta Bittiya Sanstha Limited will be discussed and passed. Moreover, the Memorandum of Understanding between the two institutions will be approved.

Since the ratio of promoter shares and public shares will change after the merger, the necessary amendment will be done in the MOA, whose proposal will be presented in the SGM.

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