Samriddhi Finance Company Limited (SFCL) has announced changes to its shareholding structure after getting approval from Nepal Rastra Bank and a resolution passed during its 23rd Annual General Meeting held on 6th Mangsir, 2081. The current shareholding ratio of promoters (59.37%) and public (40.63%) will be revised to 51% promoter and 49% public shares.
Key Details of the Restructure:
1. Existing Shareholding:
- Total Shares: 8,189,114 units.
- Promoters: 4,913,469 units (59.37%).
- Public: 3,275,645 units (40.63%).
2. Revised Shareholding:
- Promoters: 4,176,448.14 units (51%).
- Public: 4,012,665.86 units (49%).
Instructions for Promoter Shareholders:
- Complete Share Transfers:
Promoter shareholders must complete any pending share transfers (such as inheritance, sales, or other name transfers) by 22nd Magh, 2081. - Provide Written Confirmation:
Promoters not wishing to adjust their shares under the revised structure must submit a written notification to the company’s head office within 35 days from the publication of this notice (by 21st Magh, 2081). - Default Action:
If no notification is received within the specified period, the company will transfer shares into the public category in accordance with the applicable laws.
This adjustment aims to align the company’s capital structure with regulatory requirements and foster transparency. Promoter shareholders are encouraged to comply promptly with these instructions to avoid any inconvenience.
Notice: Samriddhi Finance Restructures Shareholding
