Nepal Grahmeen share trading range from Rs 38 to Rs 108; first transaction after merger

Nepal Grahmeen Bikas Bank Limited (NGBBL) first transaction after the merger starts from today. As per the notice published on NEPSE, The open range is set with range from Rs 38- 108 for the first transaction. Company Registrar Office on Sharawan 14, 2071 gave final approval to Biratnagar based Purbanchal Grameen Bikas Bank, Janakpur based Madhaymanchal Grammen Bikas Bank, Butwal based Paschimanchal Grameen Bikas Bank, Nepalgunj based Madhyapaschimanchal Grameen Bikas Bank and Dhangadi based Sudurpaschimanchal Grameen Bikas Bank to get merged with each other and form D class national level Nepal Grahmeen Bikas Bank. Nepal Grahmeen Bikas Bank has been distributing the new share certificates to the promoter shareholders and public shareholders from Kartik 30, 2072 from company’s share registrar Growmore Merchant Banker Limited, DurbarMarg Kathmandu.