Pokhara Finance and Samriddhi Finance to Merge in 1:1 Ratio

Pokhara Finance Limited and Samriddhi Finance Company Limited have agreed to undergo a merger. The agreement was signed this morning at Hotel Landmark in Pokhara.

The memorandum of understanding (MoU) was signed by Mr. Til Bahadur Gurung on behalf of Pokhara Finance and Mr. Sudeep Ghimire on behalf of Samriddhi Finance. As per the agreement, the merger will take place at a 1:1 share swap ratio.

After the merger, the name of the unified entity will remain Pokhara Finance Limited. Both institutions aim to complete regulatory approvals and begin integrated operations by Mangsir (November–December).