Samaj Laghubitta Terminates Merger With Swastik Laghubitta

September 2, 2021 | Investopaper

Samaj Laghubitta Bittiya Sanstha Limited has broken the merger process with Swastik Laghubitta Bittiya Sanstha Limited. The board meeting of the microfinance held on Bhadra 16, 2078 BS [September 1, 2021] made the decision about the termination of the merger. In the Special General Meeting (SGM), the majority of shareholders were against the merger with Swastik Laghubitta.

Both the microfinance companies had signed an initial merger/acquisition agreement  on Ashwin 5, 2077 BS [September 21, 2020].

Samaj Laghubitta floated Initial Public Offering (IPO) from Bhadra 4 to Bhadra 8, 2077 BS. After the issue of IPO, the paid-up capital of Samaj Laghubitta has reached Rs 2 crores.

Also Read:

Samaj Laghubitta IPO

Top 5 Microfinance Companies In Nepal

About Samaj Laghubitta

Samaj Laghubitta Bittiya Sanstha Limited began its microfinance operation from Falgun 25, 2068. The head office is located at Malangawa, Sarlahi. The microfinance is currently operating in 3 districts.

About Swastik Laghubitta

Swastik Laghubitta Bittiya Sanstha Limited is a “D” class province level micro-financial institution licensed by Nepal Rastra Bank. The microfinance commenced its operation since Chaitra 12, 2075 [March 26, 2019] under Bank and Financial Institution Act 2017.

Swastik Laghubitta has its head office at Lahan-08, Siraha, Province 2. It is currently operating microfinance services through its 12 branch offices.

Suggested Readings:

Merger/Acquisition Of Microfinance Companies In Nepal

List of “D” Class Microfinance Companies


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6 thoughts on “Samaj Laghubitta Terminates Merger With Swastik Laghubitta

  • February 14, 2021 at 5:36 am

    Swastik laghubittiya sansthan fraud manche dwaara staphit sanstha ho. India ma ghotaala garera bhageko manche ho

    • March 5, 2021 at 3:10 am

      Tapai ko kura thik cha ma sanga dhokhadhadi garyo. Garib manche lai lutne dhandha gardai chain swatik wala haru

  • February 14, 2021 at 3:03 pm

    Swastik satya narayan jha jo ki delhi ma thagi garera bhageko ho. Aafno paisa swastik ma na lagaunus.

  • February 15, 2021 at 1:48 am

    Satya Narayan Jha is absconder in Indian police record. Cheated and looted investors money in Delhi India ran from there and came in Nepal. Also left his wife and did second marriage in Nepal to conceal himself. Save your money

    • March 5, 2021 at 3:06 am

      Byaj ma gadbadi garera mero 20000 ko loan teen guna bhayo kehi din bhitra ma jaba ki kista bujhaudain thiye ma. Yo Swastik laghubittiya thag haru ko jamawat ho.

  • April 24, 2021 at 10:34 am

    one year nai lagne vo ki kya ho merger huna lai……………………


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