On Chaitra 14, 2082, Unique Nepal Laghubitta Bittiya Sanstha Limited and Jeevan Bikas Laghubitta Bittiya Sanstha Limited signed a memorandum of understanding to merge their operations. Following this development, the companies have requested the Nepal Stock Exchange (NEPSE) to temporarily halt the trading of basic shares belonging to registered shareholders in accordance with the “Merger and Acquisition Directive, 2079.”
The suspension applies to foundational shareholders of the merging institutions until the completion of the general assembly. Key shareholders included in this list are major institutions such as Prabhu Bank and Kumari Bank. The temporary restriction aims to ensure orderly completion of the merger process in compliance with regulatory requirements.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
