Last day to hold the shares of Samata Microfinance to participate in AGM; AGM to endorse 6.66% bonus shares

Today is the last day to hold the shares of Samata Microfinance Bittiya Sanstha Limited (SMATA) for participating in its AGM and receiving its 6.66% bonus shares. 

The microfinance company will be convening its 5^th AGM on Mangsir 27, 2075. The meeting will be convened in Hotel Ecchya Pvt Limited, Simra at 11:30 AM.

The main agendas of the meeting include:

1. Change in the name and address of the organization
2. To provide 6.66% bonus shares worth Rs 37.92 lakh on the adjusted profit after 50% right issuance
3. To provide approval for the issuance of 200% right shares
4. To make amendments in the MoA and regulations and to provide authority to the BoD to make further changes.

Other agendas of the meeting includes endorsement of audited financial statement for the FY 2074/75, appointment of statutory auditor for the FY 2075/76, discussions about the budget for the FY 2075/76 and to provide 7.3684% cash dividend worth Rs 49.91 lakh on the adjusted capital.

After the adjustment of its 6.6667% bonus shares and 200% right shares, the paid-up cpaital of the company will reach Rs 18.20 crore.