Shine Resunga to acquire Bhargav Bikas Bank

May 15, 2019 | Investopaper

The trading of Bhargav Bikas Bank has been halted in Nepse after Shine Resunga and Bhargav struck an agreement for merger and acquisition. The companies informed Nepse about the acquisition today. So, the trading of the latter was halted as per the regulations related to merger and acquisition.

As of now, the paid up capital of Shine and Bhargav stands at 1.62 Arba and 50.16 crores respectively. LTP of Shine stands at Rs. 260.

See the third quarter report of Shine Resunga by clicking the link. Shine Resunga third quarter report