Nagbeli Laghubitta 8th AGM on Mangsir 25; Asha Laghubitta conducting 1st AGM on Mangsir 10

Nagbeli Laghubitta Bikas Bank Limited (NBBL) will be convening its 8^th Annual General Meeting (AGM) on Mangsir 25, 2074. The AGM is going to be held at C.P. Hotel and Party Palace, Birtamode, Jhapa at 11:30 AM. The main agendas of the AGM are:

• To endorse 45.60% bonus shares and 2.40% cash dividend from the net profit of FY 2073/74.
• To endorse 1:1 (100%) right shares.
• To extend the working areas to 10 districts.
• To amend meeting allowances of Board of Directors (BOD).
• To increase authorized and issued paid up capital.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date for the AGM has been set from Mangsir 13 to Mangsir 25, 2074. But only those shareholders holding shares till Mangsir 12, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed bonus shares. Separate book closure date will be announced for the right shares. Its paid up capital will reach to Rs 15.26 crore after bonus and right shares. It had earned Rs 25.50 lakh in the first quarter of the FY 2074/75. Asha Laghubitta Bittiya Sanstha Limited will also be conducting its 1^st Annual General Meeting (AGM) on Mangsir 10, 2074. The AGM is going to be held at Fall & Trout Village Hotel and Restaurant, Nuwakot at 10:00 AM. The main agendas of the AGM are to issue Initial Public Offering (IPO) of Rs 3 crore (3 lakh units) to the general public, amendment of Memorandum of Association (MOA) and Articles of Association (AOA), major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75.