Tag: Merger

  • I mistakenly updated WACC of merger company in 100 RS

    I mistakenly updated WACC of merger company in 100 RS


    Mega bank meger ma janu vanda agadi 300 ma kineko raixa maile naheri wacc 100 ma update gardiye aile NIMB ko aba kasari milaune yo? edit garna milxa option k cha wacc milaune ? please help

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    View on r/NepalStock by AdNorth1932

  • Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal

    Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal


     

    Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) and Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) have scheduled their respective 5th Annual General Meetings (AGMs) on the same date, 9th Chaitra, 2080. JALPA’s AGM will take place at The SR Hotel in Tilottama, Rupandehi, starting at 9:00 AM, while KLBSL’s AGM will be held at Taaj Palace in Golfutar, Kathmandu, beginning at 11:00 AM. Both meetings aim to discuss and potentially approve a proposal for the merger between the two organizations.

     

  • How is the opening range or price of a stock determined after a merger and acquisition?

    How is the opening range or price of a stock determined after a merger and acquisition?


    It seems like SLBSL and BPW are about to undergo a merger with a ratio of 1:0.85. How is the opening price determined post-merger?

    View on r/NepalStock by AmateurInvestorNepal

  • My share got vanished from my portfolio after the merger

    My share got vanished from my portfolio after the merger


    Mero paila **RRHP** share thyo ani merger bhayera **RIDI** bhako thyo, tara marger pachi tyo share mero portfolio maa aaudai aaena, tms ko transcation history ma pani chhaina, meroshare ko ma chai share aaune bittikai gako dekhako cha, i had **100 unit** of RRHP and that converted to **92 unit** of RIDI.

    Maile **broker, RIDI ko office, NEPSE, meroshare** sablai call garisake sabaile yo hamro domain ma pardaina bhane, what should i do?
    Need a genuine suggestion.

    View on r/NepalStock by Mrpath_

  • Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger

    Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger


    Following the successful merger between Prabhu Life Insurance Limited (PLI) and Mahalaxmi Life Insurance Company Limited, a total of 4,29,60,000 shares of the newly formed entity, Prabhu Mahalaxmi Life Insurance Limited (PMLI), have now been officially listed on the Nepal Stock Exchange (NEPSE). This significant development, sanctioned by regulatory authorities and in compliance with the Securities Listing Regulations of 2075, marks the commencement of the trading of the consolidated shares on the Stock Exchange starting from tomorrow.

    The merger agreement between PLI and Mahalaxmi Life Insurance was formalized on the 29th of Ashad, 2080. Under the terms of the merger, a swap ratio of 1:1 was established. The total listed shares for PLI stood at 21,960,000 units, and Mahalaxmi Life Insurance had 21,000,000 units. Consequently, the merger results in a combined total of 42,960,000 unit shares for Prabhu Mahalaxmi Life Insurance Limited. This consolidation is expected to have implications for the company’s presence and activities in the stock market, reflecting the integration of resources and operations from both entities.

  • “Listing of 21.67 Crore Laxmi Sunrise Bank Shares on NEPSE Post Merger”

    “Listing of 21.67 Crore Laxmi Sunrise Bank Shares on NEPSE Post Merger”


     

    Following the successful merger of Laxmi Bank Limited and Sunrise Bank Limited, a total of 21,670,237,900 shares of the newly formed entity, Laxmi Sunrise Bank Limited (LSL), have been officially listed on the Nepal Stock Exchange (NEPSE). The merger, which brought together two prominent financial institutions in Nepal, Laxmi Bank Limited (LBL) and Sunrise Bank Limited (SRBL), was completed at a share swap ratio of 1:1, after receiving the necessary approval from Nepal Rastra Bank (NRB), the central bank of Nepal.

    Before the merger, Laxmi Bank Limited (LBL) had a paid-up capital of Rs. 11.55 Arba, while Sunrise Bank Limited (SRBL) had a paid-up capital of Rs. 10.11 Arba. The consolidation of these two banks resulted in a combined paid-up capital of Rs. 21.67 Arba for the newly formed Laxmi Sunrise Bank Limited. This strategic merger marks a significant step in the Nepalese banking sector, combining the strengths and resources of two major players to create a more robust and competitive entity that aims to better serve the financial needs of the country.

     

  • “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”

    “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”


    Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully acquired Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) and listed an additional 2,600,000 shares on the Nepal Stock Exchange (NEPSE). This acquisition was based on a 1:1 swap ratio, and the companies finalized the deal with a Memorandum of Understanding (MoU) on March 29, 2079. Before the acquisition, RULB had 2,600,000 listed shares, while ALBSL had 3,816,161 shares. The combined entity now has a total of 6,416,161 shares, equivalent to Rs 64.16 Crores in paid-up capital.

     

  • Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE

    Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE


    United Ajod Insurance Limited, following the successful merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited, has listed a total of 1,90,45,680 shares on the Nepal Stock Exchange (NEPSE).

    The merger agreement was signed by UIC and AIL on Poush 27, 2079. The companies agreed on a swap ratio of 82.50:100, meaning that AIL shareholders’ number of shares would decrease by 17.5% in the newly merged company. Prior to the merger, AIL and UIC had respective share capitals of Rs. 1 Arba and Rs. 1.07 Arba. However, post-merger, the combined share capital of United Ajod Insurance Limited reached Rs. 1.90 Arba.

    Following the successful merger, UIC and AIL initiated joint transactions under the name “United Ajod Insurance Limited” on Jestha 14, 2080. The opening price range for the initial transactions was set at Rs. 489.49 per share. This marked the commencement of operations for the merged entity, which now operated as a unified entity under the name United Ajod Insurance Limited.

    In summary, the merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited has led to the listing of 1,90,45,680 shares of United Ajod Insurance Limited on NEPSE. The merger was executed based on a swap ratio of 82.50:100, resulting in a combined share capital of Rs. 1.90 Arba. The joint transactions under the name United Ajod Insurance Limited commenced with an initial open price range of Rs. 489.49 per share.

  • NRB Approves Merger of National and Summit Microfinance

    NRB Approves Merger of National and Summit Microfinance


    The Nepal Rastra Bank (NRB) has given its final approval for the merger between National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) and Summit Laghubitta Bittiya Sanstha Limited (SMFDB). National Microfinance (NMFBS) issued a press release announcing the approval. The merger proposal by National Microfinance was presented at a Special General Meeting (SGM) and was later finalized through a merger agreement signed by both companies’ boards of directors.

     

  • After successful merger, 8.02 crore unit shares of Himalayan Life Insurance (HLI) listed on NEPSE for trading.

    After successful merger, 8.02 crore unit shares of Himalayan Life Insurance (HLI) listed on NEPSE for trading.


     

    The merger between Gurans Life Insurance Company Ltd. (GLICL), Prime Life Insurance Company Limited (PLIC), and Union Life Insurance Company Limited (ULI) has resulted in the creation of Himalayan Life Insurance Limited (HLI). The merger agreement was signed on Ashad 29, 2079, with a swap ratio of 1:1:1. After the merger, a total of 80,203,837 shares of HLI have been listed on the Nepal Stock Exchange (NEPSE), making it the largest merger in the country’s life insurance sector. The individual shares of GLICL, ULI, and PLIC were 25,365,630 units, 23,428,550 units, and 31,409,657 units respectively.