Manushi Laghubitta Shareholders Approve Merger with Jeevan Bikas and Unique Nepal
1st July 2026, Kathmandu
Manushi Laghubitta Bittiya Sanstha Limited has successfully conducted its 7th Annual General Meeting.
Manushi Laghubitta Merger Approved
During the session, shareholders officially approved a special resolution to merge with Jeevan Bikas Laghubitta Bittiya Sanstha Limited and Unique Nepal Laghubitta Bittiya Sanstha Limited.
The unified voting represents a major consolidation milestone for the microfinance sector of Nepal. The general assembly was hosted at the Hotel Ugrachandi located in Banepa, Kavrepalanchok.
SHAREHOLDER APPROVALS AND REQUISITE GOVERNANCE
The annual gathering unanimously endorsed the comprehensive Annual Report for the fiscal year 2081/82. The commercial documentation was initially presented by the Board of Directors for shareholder review.
The voting members further approved the appointment of two incoming directors to the corporate board. Following these internal approvals, the executive management team noted that the consolidation will move forward into final legal verification phases.
The corporate expansion must adhere closely to the regulatory guidelines enforced by the central bank. The technical committees are instructed to acquire the necessary operational permissions from national financial regulators.
STRATEGIC POSITIONING AND GEOGRAPHIC REACH
Manushi Laghubitta Bittiya Sanstha Limited currently operates its main corporate headquarters out of Banepa. The specialized credit institution manages a growing network of 36 branch offices scattered across 14 separate districts.
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The financial statement shows a stable paid up capital structure amounting to Rs. 109.375 million. The microfinance firm also maintains a dedicated corporate reserve fund valued at Rs. 45.34 million to safeguard ongoing operations.
The joint consolidation with Jeevan Bikas Laghubitta and Unique Nepal Laghubitta is designed to create a larger financial network. The management expects the joint enterprise to establish a highly resilient capital base capable of managing wider portfolio risks.
AMPLIFIED SERVICE COVERAGE AND SUSTAINABLE CAPACITIES
The consolidation of the three entities will significantly expand the geographical reach of the combined institution. By integrating separate field networks, the new enterprise can eliminate operational overlaps and scale up consumer loan delivery.
The consolidated capital will allow the unified firm to deploy advanced mobile banking systems across remote microfinance hubs. This technical deployment supports rural business development by offering immediate microcredits without paperwork delays.
The management emphasized that the combined financial capacity provides a safety net against local credit defaults. The combined resources will enable the enterprise to better serve marginalized rural clients and support long term growth across Nepal.
The corporate transition committee intends to align the internal employee grading systems and customer accounts over the next quarter. The unified organization will move forward under a single operational vision to maintain high standards of credit transparency.
For More: Manushi Laghubitta Merger Approved
