The government announced the merger of these two corporations in the budget of the current FY.
The government is preparing to operate the corporation in the model of Bhatbhateni Supermarket.
Ministry of Industry, Commerce and Supply has forwarded the registration process of the new proposed company.
The proposed company will have authorized capital of Rs 30 billion, issued capital of Rs 20 billion and paid-up capital of Rs 1.15 billion.
