NEPSE Suspends Trading of GBLBS and SAMAJ Shares Ahead of Merger Implementation
Summary
NEPSE has suspended trading of shares for Grameen Bikas Laghubitta Bittiya Sanstha Limited and Samaj Laghubitta Bittiya Sanstha Limited following their merger into a single entity starting Kartik 2, 2082.
Key Points
- NEPSE has suspended share trading for GBLBS and SAMAJ following their merger.
- The merger was completed as per the letters dated Ashwin 28, 2082.
- The new merged entity will operate under the name Grameen Bikas Laghubitta Bittiya Sanstha Limited starting Kartik 2, 2082.
- The suspension of trading follows Clause 9(13) of the Merger and Acquisition Directive, 2079.
