Manushi Laghubitta Demerging with Shrijanshil Laghubitta

Feb 29, 2024 10:40 AM Merolagani

Manushi Laghubitta Bittiya Sanstha (MLBS) has forwarded demerging procedure with Shrijanshil Laghubitta

As per Manushi Laghubitta, it forwarded the process after identifying the unsatisfactory financial condition of Shrijanshil Laghubitta.

Both companies signed a merger agreement on March 17, 2023, following which, they signed the final merger agreement on December 27, 2023, and sought merger approval from NRB and NEPSE on January 21.

 

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