Sadhana Laghubitta and Sabaiko Laghubitta have officially signed an agreement to merge on Bhadra 15

Sadhana Laghubitta Bittiya Santha Limited (SDLBSL) and Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) have taken a significant step towards integration and expansion by signing a Memorandum of Understanding (MoU) for a merger on Bhadra 15, 2080 BS (September 1, 2023). The preliminary merger agreement was signed by the respective chairmen of both microfinance companies.

As of Ashad's end 2080 BS, SDLBSL has a paid-up capital of Rs. 38.22 crores, while SABSL has a paid-up capital of Rs. 31.86 crores. The swap ratio for the merger has yet to be announced. Following the merger agreement, both companies have requested the Nepal Stock Exchange to halt the trading of shares of principal shareholders.

The merger plan is now pending approval from regulatory authorities and relevant stakeholders. Once the necessary approvals are obtained, the two institutions will proceed with the integration process.

As of the latest trading data, the Last Traded Price (LTP) for SDLBSL is Rs. 620, while SABSL's LTP is Rs. 605.

This merger marks a significant development in the microfinance sector in Nepal, signaling the companies' commitment to growth and expansion.