Among the five amalgamating companies (Siddhartha Finance Limited, Birgunj Finance Ltd, Butwal Finance Ltd, Himchuli Bikash Bank Ltd and Maha Laxmi Finance Ltd.), three are about to issue right shares to increase their capital. Special meeting of these companies held on 30th May, 2008 to decide on this matter. Siddhartha Finance Limited is giving 1:5 right share followed by Butwal Finance Ltd and Maha Laxmi Finance Ltd. Butwal finance is about to issue 1:4.75 right shares while Maha Laxmi is offering 1:4 in the near future. The company has decided upon this agenda so as to increase the share capital to 40 million. Within 7 months, the company is completing all the necessary procedures and capital collections as well. Along with these three organizations, Himchuli Bikash Bank Ltd and Birgunj Finance Ltd are joining hands to form a commercial bankn with 2 billion share capital.
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