Naya Nepal Laghubitta Conducting SGM On Ashad 8 To Finalize The Merger

June 22, 2020 | Investopaper

Naya Nepal Laghubitta will conduct its Special General Meeting (SGM) today i.e on Ashad 8, 2077. The company will conduct the SGM at McDonald’s Food Cafe Restaurant, Mid Baneshwor, Kathmandu. The time for SGM is scheduled after 11 AM.

The major agenda for the special general meeting is to finalize the merger process with Sarathi Laghubitta. The SGM will also approve the 1:1 swap ratio evaluated after the DDA report.

After the merger, the new entity will be called ‘Sarathi Nepal Laghubitta Bittiya Santha Limited’

Sarathi Laghubitta and Naya Nepal Laghubitta signed the merger agreement on Magh 21, 2076.

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