Merger Agreement Approved Between Samaj Laghubitta and Grameen Bikas Laghubitta

Samaj Laghubitta Bittiya Sanstha Limited has officially notified the Nepal Stock Exchange (NEPSE) that it has received in-principle approval from Nepal Rastra Bank for a merger with Grameen Bikas Laghubitta Bittiya Sanstha Limited.

The approval, as stated in the letter from Nepal Rastra Bank dated 2082/02/22 (Nepali calendar), clears the way for both institutions to initiate the merger process. The two microfinance institutions are preparing to proceed with steps such as share valuation, merger ratio finalization, determining the new institution’s name, and operational strategy.

The formal communication has been dispatched to various concerned stakeholders including NEPSE, CDS and Clearing Ltd., Global IME Capital, the Office of Company Registrar, and the relevant divisions within Nepal Rastra Bank.