Womi Laghubitta and Grameen Swayamsewak Laghubitta Sign Final Merger Agreement

Mon, Jan 18, 2021 11:40 AM on Latest, Merger/Acquistion,

Womi Laghubitta and Grameen Swayamsewak Laghubitta have now signed the final agreement for merger.

After Womi Laghubitta signed a Merger Agreement with Grameen Swayamsewak Laghubitta, its trading was halted from September 13, 2020. Meanwhile, Grameen Swayamsewak Laghubitta Bittiya Sanstha is a "D" class financial institution (microfinance company) operational in Sarlahi, Ward no. 11. The company is not yet listed in the NEPSE.

Now that the agreement is signed, the company has approved the release of its halted shares for trading. However, note that the shares will be tradable only from the next trading session after NEPSE officially issues a release notice.