Aarambha Laghubitta to convene AGM on Poush 09; Agenda to approve 7.38% bonus and merger with Chautari Laghubitta
Tue, Dec 3, 2019 11:22 AM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Aarambha Laghubitta Bittiya Sanstha (AMFI) will be convening its fifth Annual General Meeting (AGM) on Poush 09, 2076 at Panchakanya Banquet, Banepa-08, Pulbajar, Kavrepalanchowk from 11 AM onwards.
The 143rd Board Meeting held on Mangsir 16, 2076 has decided on the following agendas for the meeting:
- Approval of the annual report for 2075/76 to be presented by the Chairman.
- Approval of the audited financial statements for the year 2075/76.
- Appointment of auditor for the year 2076/77 and determination of remuneration.
- Approval of 7.38% bonus shates and cash dividend of Rs 2.33 lakh for tax purpose.
- Approval of merger with Chautari Laghubitta with swap ratio of 1:1.
- After the merger, the joint entity will be called Aarambha Chautari Laghubitta Bittiya Sanstha and the new promoter:ordinary shareholder ratio will be 63.636:36.34.
The book closure date is on Mangsir 29, 2076.
