Samriddhi Finance and Pokhara Finance have signed a merger agreement to unite their operations on a 1:1 share swap basis.
The two finance companies are currently undergoing a merger process, where each share of Pokhara Finance will be exchanged for one share of Samriddhi Finance. The merger agreement was signed on Sunday morning at Hotel Landmark in Pokhara.
Following the merger, the new company’s board will include four members from Samriddhi Finance and three members from Pokhara Finance. The chairman of the merged entity will be appointed from Samriddhi Finance.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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