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Samata Gharelu Laghubitta Gets Approval for Additional Public Share Issuance

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NEPSE trading

Samata Gharelu Laghubitta Gets Approval for Additional Public Share Issuance

The Nepal Securities Board has granted approval for Samata Gharelu Laghubitta Financial Institution Limited to issue additional public shares. The institution had requested permission to issue 350,904.25 units of ordinary shares, which has now been approved.

Share Issuance: Samata Gharelu Laghubitta has received approval to issue an additional 350,904.25 units of ordinary shares to the public. This issuance will aid the institution in expanding its capital base.

Sales Manager: Muktinath Capital Limited will be the sales manager for this additional public issuance. Muktinath Capital is responsible for overseeing this process and assisting Samata Gharelu Laghubitta in issuing the shares.

Purpose of the Share Issuance: Through this additional public share issuance, the institution aims to enhance its financial strength and expand financial services to rural areas, supporting economic empowerment in these communities.

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