Kathmandu. Nepal Finance Limited is going to acquire Lalitpur Finance Limited. An agreement was reached between the two companies on January 7. The company has informed that the acquisition agreement has been concluded under the guidance of the operators and top management of both the companies.
Nepal Finance has sold 125 percent of its shares. After vesting, Rs. 305.551 million with a paid-up capital of Rs. Lalitpur Finance, which has a paid-up capital of Rs 236.87 million, is about to be acquired. Earlier, Lalitpur Finance was to be acquired by Prime Commercial Bank. Nepal Finance is about to get the agreement after renting it with Prime Commercial.