National Microfinance Laghubitta (NMFBS) and Mahila Sahayatra Laghubitta (MSMBS) Call SGM to Endorse Acquisition and Share Swap Ratio
Mon, May 24, 2021 10:27 AM on AGM/Special AGM, Latest,
National Microfinance Laghubitta Bittiya Sanstha Limited has called its SGM on 25th Jestha, 2078. The meeting will be held in the company's central office in Dhading, starting at 11 am that day.
The SGM's primary agenda is related to National Microfinance Laghubitta's acquisition of Mahila Sahayatra Laghubitta. Dhading based National Microfinance Laghubitta and Makwanpur based Mahila Sahayatra Laghubitta had both independently endorsed the acquisition-related agenda on their respective AGM. Nepal Rastra Bank then granted approval to the agreement on Baisakh 15.
Mahila Sahayatra Laghubitta has also called an SGM on the same day in its central office in Makwanpur with the same agenda.
The Due Diligence Audit has equated 100 shares of Mahila Sahayatra Laghubitta with 68 shares of National Microfinance Laghubitta.
The book closure for both SGMs is declared on Jestha 17. Thus, investors maintained before that day can attend the SGM. As of writing, NMFBS has an LTP of Rs. Rs. 3,750 while MSMBS has an LTP of Rs. 1,259. Trading of MSMBS has been halted since January 21 of this year.
