Unnati Microfinance and Sahakarya Laghubitta Signs MoU Regarding Merger

Jul 26, 2019 02:17 PM Merolagani

Unnati Microfinance Bittiya Sanstha (UMB) and Sahakarya Laghubitta BIttiya Sanstha have signed a memorandum of understating (MoU) regarding merger on July 25.

The agreement was signed by Anita Dhungana Shah, Chariman of Unnati Micorfinance and Khilraj Mainali, Chairman of Sahakarya Laghubitta amid a program.

Unnati Microfinance, headquartered at Rupandehi has paid-up capital of Rs 88.2 million while Sahakarya Microfinance, headquartered at Sarlahi has Rs 14 million in paid-up capital.

Unnati is set to issue 100 percent while Sahayatra set to issue 300 percent right shares in the upcoming future.   As per the companies, the swap ratio will be decided as per DDA report.

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Nepal reports 1,172 new COVID-19 Cases; 637 in Valley

Sep 23, 2020 04:33 PM

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