Saptakoshi Development Bank Special AGM; Merger and swap ratio with Kabeli Bikas Bank to be discussed

March 26, 2019 | Investopaper

Saptakoshi Development has called Special General Meeting for the approval for the merger with Kabeli Bikas Bank. As informed on the Nepal Stock Exchange (NEPSE), the special general meeting will take place on Chaitra 27, 2075.

The major highlights of the SGM are:

  • The SGM will provide the report and discuss the merger with Kabeli Bikas Bank.
  • The swap ratio for the merger will be reviewed and approved by the meeting.
  • For the purpose of the merger, the general meeting will provide authority to the board of directors.
  • The meeting will also provide final approval for the merger


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