Swastik Laghubitta Bittiya Sanstha Limited has decided to call its seventh Annual General Meeting on Bhadra 27 to discuss on right shares and merger proposals.
Swastik Laghubitta Bittiya Sanstha Limited is going to hold its 7th Annual General Meeting on Bhadra 27. The board of directors meeting held on Shrawan 30 made decision to organize this meeting at Bishaal Hotel in Lahan from 11:00 AM.
Key Agendas for the Meeting
In the meeting, a special proposal will be presented to give all authority to board of directors for starting the process of merger or acquisition with other class ‘D’ financial institutions if it looks suitable. The company will also discuss on amending some sections of its memorandum of association and articles of association. Additionally, there is a discussion scheduled regarding the issue of right shares to its shareholders.
Financial Reports and Board Election
The AGM will also discuss and pass the annual report of fiscal year 2081/82 along with auditor’s report and other financial statements. Shareholders will also appoint an auditor for the fiscal year 2082/83 and fix their salary. Also, there is an agenda to elect two directors who represents the public shareholders, which includes at least one female director.
Book Closure Date
For the purpose of this annual general meeting, the microfinance company has announced to close its book on Bhadra 11. This means only the shareholders who traded and hold shares of the company in NEPSE until Bhadra 10 will be allowed to attend and participate in the 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.
