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More than 1.2 million founder shares of Mero Microfinance converted to public

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Kathmandu. More than 1.2 million units of founder shares of Mero Microfinance Microfinance Institution have been converted to the general group. 1.191 million units of the founder group of the institution have been converted to the general group.

The institution has stated that the founder shares have been converted to the general group to change the share structure of the founders and the general group.

According to NEPSE, currently a total of 14.19 million units of the institution are listed. After the change in the share structure, 7.236 million units (51 percent) of the founder group and 6.953 million units (49 percent) of the general group have been maintained.

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