Samriddhi Finance Approves 1:1 Share Swap Ratio for Merger with Pokhara Finance

Samriddhi Finance Company Limited has approved a 1:1 share swap ratio for its proposed merger with Pokhara Finance Limited.

The decision follows a Memorandum of Understanding signed between the two companies on 4th Shrawan 2082, aimed at initiating the merger process. A Joint Merger Committee was subsequently formed to oversee the evaluation of assets, liabilities, and overall business operations of both institutions.

Based on the valuation report submitted by the appointed independent valuator, the Joint Merger Committee recommended a share exchange ratio of 1:1. Acting on this recommendation, the 537th meeting of Samriddhi Finance’s Board of Directors, held on 20th Poush 2082, approved the share swap ratio for the merger.

SFCL closed at Rs. 350.00.