Pokhara Finance and Samriddhi Finance Approve Merger with 1:1 Share Swap Ratio
Summary
Pokhara Finance Limited and Samriddhi Finance Company Limited approve a merger with a 1:1 share swap ratio following due diligence and valuation reports.
Key Points
- Pokhara Finance Limited approved a merger with Samriddhi Finance Company Limited using a 1:1 share swap ratio.
- The merger decision was made at a special general meeting held on Magh 14, 2082, in Pokhara.
- The share swap ratio was based on a Due Diligence Audit report by P.S. Baragi Associates, Chartered Accountants.
- The Board of Directors was authorized to amend company documents and undertake procedures related to the merger.
