Aatmanirbhar Laghubitta Financial Institution Limited has held its 7th Annual General Meeting (AGM) on Baisakh 7 at Ghorahi Sub-Metropolitan City–15, Dang, which started at 11:00 AM. The meeting has been convened to approve important decisions including dividend distribution from the previous fiscal year’s profits. The company has proposed a total dividend of 14.25% bonus shares and 0.75% cash dividend (for tax purposes), which will be finalized after approval from the AGM.
Along with the dividend proposal, the AGM will also discuss and approve several other corporate matters, including authorization to amend the Memorandum and Articles of Association, appointment of auditors, and other necessary decisions as proposed by the Board of Directors. These agenda items are aimed at strengthening the institution’s governance and operational framework.
For dividend distribution and AGM participation purposes, the institution had closed its books on Chaitra 26 for one day. Accordingly, shareholders who were recorded as shareholders in NEPSE by the end of trading on Chaitra 25 will be eligible to receive the proposed dividend.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
