After Successful Merger Between PFL and SFCL, Shares of Pokhara Finance Limited Listed in NEPSE
Summary
Shares of Pokhara Finance Limited have been listed on NEPSE after its merger with Samriddhi Finance Company Limited. The combined paid-up capital stands at Rs. 1.83 arba, with first trading priced at Rs. 804.91.
Key Points
- 19,014,680 shares of Pokhara Finance Limited have been listed on NEPSE after the successful merger of PFL and SFCL.
- The merger was completed at a 1:1 swap ratio, with PFL’s paid-up capital at Rs. 1.02 arba and SFCL’s at Rs. 81.89 crore.
- The combined paid-up capital has been recalculated to Rs. 1.83 arba.
- The new entity began joint transactions under the name Pokhara Finance Limited on Ashwin 23, 2082, and the opening price range is Rs. 804.91.
