Conversion of Promoter Shares of Swabalamban Laghubitta ; Shareholding Ratio To Be Changed To 51:49
Summary
Swabalamban Laghubitta Bittiya Sanstha Limited announced the change of its promoter shareholding ratio from 60% to 51% following approval by Nepal Rastra Bank, affecting the distribution of shares between promoters and the public.
Key Points
- Swabalamban Laghubitta Bittiya Sanstha Limited will reduce promoter shareholding from 60% to 51%.
- The shareholding structure will change to 51% promoters (10,499,997 units) and 49% public (7,000,003 units).
- The company currently has 17,500,000 shares listed on NEPSE.
- Promoter shareholders must notify the head office within 35 days if they wish to maintain shares under the new structure.
