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merger/acquisition

Merger Talk – SAMAJ & GBLBS Signing MOU

by Expert Nepal
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Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) and Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) have embarked on a significant journey toward collaboration by signing a Memorandum of Understanding (MoU) for a merger/acquisition on Falgun 17, 2081.

SAMAJ boasts a total paid-up capital of Rs. 2.28 Crores, while GBLBS possesses Rs. 98.25 Crores in paid-up capital. The proposed merger/acquisition now awaits the nod from regulatory bodies and other pertinent stakeholders. Once the essential approvals are granted, the institutions will proceed with the integration process.

As per the most recent trading day, SAMAJ’s last traded price (LTP) was recorded at Rs. 3,539, whereas GBLBS noted an LTP of Rs. 891.

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