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    Nepal Stock ExchangeNEPSE NewsFollowing the acquisition, 6,39,535.22 shares of Nepal Agro Laghubitta were listed as...

    Following the acquisition, 6,39,535.22 shares of Nepal Agro Laghubitta were listed as Infinity Laghubitta’s shares.

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    Laghubitta is the name given the 6,39,535.22 shares of Nepal Agro Laghubitta that are presently traded the stock exchange.

    Laghubitta has completed the acquisition of Nepal Agro Laghubitta and has commenced a joint transaction Bhadra 4, 2078, which will be completed by the end of the year. The SGM of Laghubitta backed the board’s to Nepal Agro Laghubitta and fixed the share swap ratio between the two organizations at 100:98 shares between the two companies.

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    The joint transaction was initiated by Mr. Ramesh Kumar Karmacharya, chairman of the erstwhile Nepal Agro Laghubitta, Mr. Balram Bista, chairman of the board of directors of Laghubitta, and Mr. Prabin Kumar Lama, CEO of the microfinance institution, among others.

    The had a paid-up capital of Rs 32.46 crore at the time of acquisition, 85 branches in 39 districts, 342 staff, 74K or more clients, a deposit figure of Rs 1.15 Arba and a credit disbursement figure of Rs 4.14 Arba, and a deposit figure of Rs 1.15 Arba.


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