Unnati Sahakarya Laghubitta Bittiya Sanstha Limited has announced its 11th Annual General Meeting (AGM), scheduled for Chaitra 28, 2082 B.S., at Asian Buddha Hotel, Rupandehi, starting at 10:00 AM, as decided by the Board of Directors in their meeting on Chaitra 5. This year, the company has not proposed any dividend, meaning shareholders will not receive any payout. The AGM agenda includes approval of the previous fiscal year’s annual report, appointment of auditors and determination of their remuneration for the current fiscal year, and appointment of one director representing the founder group. Additionally, the company will seek authorization for the Board to proceed with merger processes with other microfinance institutions and to amend the Articles of Association and by-laws if required by regulatory authorities. A proposal to adjust the shareholding structure, maintaining 55.58% for founders and 44.42% for the general public, will also be presented. For AGM purposes, the company has set the book closure date on Chaitra 16, 2082 B.S.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
