Suryodaya Womi Laghubitta Announces Change in Shareholding Structure
Summary
Suryodaya Womi Laghubitta Bittiya Sanstha Limited announced a change in its shareholding structure, converting 2.71% of promoter shares into public shares as approved by Nepal Rastra Bank.
Key Points
- Suryodaya Womi Laghubitta Bittiya Sanstha Limited notified promoter shareholders about changes in shareholding structure.
- Promoter shareholding will decrease from 70% to 67.29%, and public shareholding will increase from 30% to 32.71%.
- The change follows Section 11(4) of the Bank and Financial Institutions Act and Nepal Rastra Bank directives.
- Promoter shareholders not wishing to convert must submit a written application within 35 days.
