April 15, 2021 | Investopaper
After the successful merger, Samata Laghubitta and Gharelu Laghubitta will start the joint operation from Baisakh 2, 2078 BS. Both the microfinance had already approved the merger from their respective AGM held on Poush 14, 2077 BS.
The joint transaction will be in the name of ‘Samata Gharelu Laghubitta Bittiya Sanstha Limited’. The head office will be located at Banepa Municipality-8, Kavrepalanchowk.
Samata Laghubitta and Gharelu Laghubitta had signed an initial Memorandum of Understanding (MOU) for merger on Ashad 1, 2077 BS [ June 15, 2020].
Registered In 2070 BS under the company law, Samata Laghubitta Bittiya Sanstha had its head office in Simara in Bara district of Nepal. Likewise, Gharelu Laghubitta had head office at Banepa Municipality-8, Kavrepalanchowk.