NEPSE Suspends Trading of Pokhara Finance and Samriddhi Finance Shares Ahead of Merger
Summary
The Nepal Stock Exchange has suspended trading of Pokhara Finance Limited and Samriddhi Finance Company Limited shares as they complete their merger and will operate unified under Pokhara Finance Limited from Ashar 26, 2083 BS.
Key Points
- The Nepal Stock Exchange (NEPSE) has suspended trading of shares of Pokhara Finance Limited and Samriddhi Finance Company Limited.
- The suspension is effective from Ashar 26, 2083 BS following their merger completion.
- The merged entity will operate under the name Pokhara Finance Limited from the same date.
- The suspension is in accordance with the Securities Registration of Organized Institutions Merger and Acquisition Directive, 2022.
