Mirmire & Cweda Laghubitta To Start Joint Operation After Acquistion From Ashad 21

July 5, 2020 | Investopaper

Mirmire Laghubitta and Cweda Laghubitta, after the successful acquisition, will start joint operation from Ashad 21, 2077. The name of the institution after the acquisition will remain as ‘ Mirmire Laghubitta Bittiya Sanstha Limited’.

Nepal Rastra Bank provided the final approval for the acquisition on Ashad 5, 2077. Likewise, Office Of Company’s Registrar approved the acquisition on Ashad 17, 2077.

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Both the microfinance had already endorsed the decision from their respective Special General Meeting (SGM) held on Baisakh 17, 2077.

After the completion of the acquisition, the head office of Mirmire Laghubitta will remain at the Banepa Municipality-8, Banepa, Kavrepalanchowk.

Mirmire Laghubitta and Cweda Laghubitta had signed the acquisition agreement on Poush 27, 2076.

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