After Successful Merger Between GBLBS and SAMAJ, Shares of Grameen Bikas Laghubitta Listed in NEPSE

Summary

Grameen Bikas Laghubitta Bittiya Sanstha Ltd. shares have been listed on NEPSE following a merger with Samaj Laghubitta, resulting in a combined paid-up capital of Rs. 1 Arba.

Key Points
  • 10,053,500 shares of Grameen Bikas Laghubitta Bittiya Sanstha Ltd. (GBLBS) have been listed in NEPSE after merging with Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ).
  • The merger agreement between GBLBS and SAMAJ was signed with a swap ratio of 1:1.
  • GBLBS had a paid-up capital of Rs. 98.25 crores and SAMAJ had Rs. 2.28 crores before the merger.
  • Post-merger, the combined paid-up capital stands at Rs. 1 Arba and trading began with an open price of Rs. 804.91 on Ashwin 23, 2082.
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