AGM announced: Nadep Laghubitta and Prabhu Life Insurance

Nadep Laghubitta Bittiya Sanstha Limited has announced its 5th AGM going on 28th Ashwin, 2077.

The AGM will be held at Raniban Party Palace and Restaurant, Nagarjun-1, Kathmandu. It will commence at 11 am.

The AGM will endorse 10% bonus shares proposed for the FY 2075/76. From the paid-up capital of Rs. 36.80 crores, the bonus shares amount to Rs. 3.68 crores. A 0.526% dividend will also be endorsed for tax purposes.

After the bonus shares distribution, the paid-up capital of Nadep Laghubitta will be Rs. 40.48 crores. Its authorized capital is Rs. 64 crores.

Also, the AGM will discuss changing the promoter-to-public shareholding ratio from the existing 70:30 to 51:49.

Find the announcement here. 

Likewise, Prabhu Life Insurance Limited has also announced its 3rd AGM on 29th Ashwin, 2077.

The AGM will be held at Kathmandu Marriott Hotel, Naxal, and will commence at 11 am. 

The AGM will discuss the annual report of the fiscal year 2075/76. Also, the decisions of the Board of Directors will be endorsed.

Find the announcement here.