Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL), one of Nepal’s established microfinance institutions, has announced an important decision from its 464th board meeting held on 15th Bhadra, 2082.
The board has decided to convert 9% of its promoter shares into public shares. This move is aimed at balancing the company’s ownership structure and strengthening the participation of the general public in the institution.
With this decision, the shareholding ratio of the company will change significantly. Previously, the ownership was divided into 60% promoter shares and 40% public shares. After the conversion, the ratio will shift to 51% promoter shares and 49% public shares.
This strategic change is expected to create a more inclusive ownership base and reflect stronger public involvement in the financial institution’s growth.
Key Financial Figures
| Particulars | Details |
|---|---|
| Company | Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) |
| Board Meeting Number | 464th |
| Meeting Date | 15th Bhadra, 2082 |
| Promoter Shares Converted | 9% |
| Previous Ratio (Promoter : Public) | 60 : 40 |
| New Ratio (Promoter : Public) | 51 : 49 |
| Purpose | To balance ownership structure and increase public shareholding |
