Sadhana Laghubitta successfully acquires Arthik Sambridhi Laghubitta; looking forward to issue 100% right shares and float IPO shares to general public in upcoming fiscal year

Tue, Jul 16, 2019 6:36 AM on Corporate, Latest,

Sadhana Laghubitta has started joint operation with Aarthik Sambridhi Laghubitta from Ashad 31, 2076 after successfully completing the acquisition process of the later.

The first joint transaction was inaugurated amid a program by Director of Nepal Rastra Bank Mr. Ramji Regmi. Both the institutions had conducted separate SGMs on Jestha 25, 2076 for the acquisition purpose for which the NRB issued the final approval letter on Ashad 25, 2076.

Following the acquisition, the newly restructured Sadhana Laghubitta has a paid up value of Rs 7.35 crore, deposit of Rs 28 crore, loan investment of Rs 1.20 arba, 40 branches, 33 thousand plus rural household members.