Deprox Laghubitta Financial Institution Ltd. successfully held its 24th Annual General Meeting (AGM) on 28 Poush 2082 (Monday) in Sauraha, Chitwan. The meeting was chaired by the institution’s Chairman, Deepak Khanal. During the AGM, the board presented and approved the annual report for the fiscal year 2081/82 and proposed the appointment of auditors for the year, which was approved by the shareholders.
The AGM resolved to distribute a 10% bonus share and a 5% cash dividend, including applicable taxes on both, for the fiscal year 2081/82. With the issuance of the bonus shares, the institution’s paid-up capital increased to Rs. 2,05,51,14,000.
Chairman Deepak Khanal also addressed shareholder queries regarding the annual report. Chief Executive Officer Sheshraman Acharya delivered the welcome speech, while Company Secretary Gyanendra Aryal managed the proceedings of the program.
From the AGM, representatives were elected to the board of directors for the remaining term. From the founding group, Pradeep Kumar Pathak of Nepal Bank Ltd. was elected, while from the public group, Shivprasad Bhattarai, Ayushi Sapkota, and Pushkarnath Bhandari were elected unopposed.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
