CYC Nepal Laghubitta Bittiya Sanstha Limited is going to hold its seventh Annual General Meeting on Saun 30 to discuss merger proposals and other annual reports.
Meeting Details and Venue
CYC Nepal Laghubitta Bittiya Sanstha Limited is organizing its seventh Annual General Meeting on upcoming Saun 30. The board of directors meeting held on Saun 8 made decision to run the meeting at Hotel Deep Sagar in Pokhara. The program will start from 11:00 AM onwards.
Key Proposals and Agenda
In the annual general meeting, a special proposal will be presented to give full authority to the board of directors. This authority is for forwarding all necessary process related to merger or acquisition with other microfinance financial institution.
Beside this, the meeting will also discuss and pass the annual report of the board of directors. The shareholders will approve financial reports of the fiscal year 2081/82 along with auditor report. Also, the meeting will appoint the new auditor for fiscal year 2082/83 and fix their salary.
Book Closure and Shareholder Eligibility
For the purpose of this AGM, the microfinance has decided to close its book for one day on Saun 19. Because of this, only those shareholders who traded their shares in NEPSE till Saun 18 are eligible to participate in the annual general meeting.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
