July 26, 2023 | Investopaper
Jalpa Laghubitta Bittiya Santha Limited (JALPA) is going to merge with Kisan Laghubitta Bittiya Sanstha Limited (KLBSL).
The preliminary agreement for merger (MOU) was signed between the two microfinance companies on Shrawan 9, 2080 BS [July 25, 2023].
After the merger agreement, the companies have requested NEPSE to halt the trading of shares of principal shareholders.
As of Ashad’s end 2080 BS, Jalpa Laghubitta has a paid-up capital of Rs. 18.28 crores while Kisan Laghubitta has a paid-up capital of Rs. 50.43 crores.