Ganpati Laghubitta Bittiya Sanstha Limited has scheduled its 9th Annual General Meeting (AGM) for Chaitra 13, 2082 B.S., at 11:30 AM at Hotel Debrek, Pokhara-31, Begnas, Kaski. The decision was made at the Board of Directors meeting held on Falgun 15, 2082 B.S.
During the AGM, shareholders will review and approve the annual report of the previous fiscal year presented by the Board Chairman, along with the auditor’s report, balance sheet, profit and loss statement, cash flow statement, and related schedules up to the end of Ashad, 2082 B.S. The meeting will also approve the appointment of an auditor for the current fiscal year and determine the auditor’s remuneration.
The AGM will include the election of three directors representing the founding shareholders. Additionally, a proposal will be presented to authorize the Board of Directors to identify and engage a suitable microfinance institution for merger, acquisition, or takeover purposes, sign a memorandum of understanding, obtain approval from Nepal Rastra Bank, appoint advisors, evaluators, and auditors for asset and liability assessment, and carry out all necessary processes.
The company has confirmed that no dividend proposal has been included, following the Board decision on Magh 7, 2082 B.S.. For AGM purposes, the share register will be closed on Chaitra 3, 2082 B.S., and only shareholders whose shares are recorded in investor accounts on the Nepal Stock Exchange by Chaitra 2, 2082 B.S. will be eligible to attend and vote in the meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
