Merger of Samaaj and Swastik Laghubitta Dissolves

Sep 02, 2021 04:23 PM Merolagani



The merger of Samaaj and Swastik Laghubitta has dissolved after the AGM of Samaaj Laghubitta did not approve the merger with Swastik Laghubitta.

In the preliminary agreement, it was agreed that the head office of the joint entity will reside in Bardibas, Mahottari. However, a decision was taken to headquarter the company in the former head office of Swastik Laghubitta. Thus, the merger dissolved, said the statement issued by Samaaj Laghuibitta.

Samaaj Laghubitta states that it will fulfill the merger procedure with another potential merger partner.




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