AGM of 4 companies (ALBSL, OHL, UNL and SBL) to be held today; Find their agendas

Asha Laghubitta Bittiya Sanstha (ALBSL)'s 3rd Annual General Meeting (AGM) is being held on Kartik 07, 2076 (today) at Fall and Trout Village Hotel and Restaurant, Kakani, Nuwakot from 10 AM onwards.

The major agendas of the AGM are:

• Discussion and approval of Annual report presented by BOD along with the financial statements for the year 2075/76.
• Approval of 12% bonus shares and 0.631579% cash dividend for tax purpose
• Appointment of Auditor and fixation of remuneration for the same.
• Election of 2 directors from the general public.

The books closure for the purpose of AGM and dividend distribution had been set on Ashwin 15, 2076.

The current paid-up capital of microfinance stands at Rs 20.74 crore.

Oriental Hotels (OHL) is holding its 22nd Annual General Meeting on Kartik 07, 2076 (today) at Nepal Prasaasanik Prasichyan Pratisthan, Jawalakhel, Lalitpur from 11 AM onwards. The book closure date for the same had been announced on Ashwin 28, 2076. Therefore, shareholders maintained on Ashwin 27 will be eligible for the dividend.

The major agenda of the AGM involves approval of the dividend proposed by the Board. The details are:

Current paid-up capital: Rs 1.07 arba
Bonus shares: 5% worth Rs 5.37 crore
Cash dividend: 10.79% worth Rs 11.59 crore (Including tax)
Capital after adjustment of bonus: Rs 1.12 arba

Other agendas include:

• Discussion and approval of Annual Report to be presented by the Board along with Financial statements of the year.
• Appointment of the auditor and fixation of remuneration for the same.
• The 20th AGM had proposed FPO to change shareholding structure to 55:45 (promoter:ordinary), however this will now be canceled maintaining the ratio at 70:30

Siddhartha bank limited (SBL) is convening its 18^th AGM  on Kartik 7, 2076 (October 24, 2019) at Army Officers’ Club, Bhadrakali from 11 AM onwards (Today).

The agenda of the meeting is to endorse the audited financial highlights of FY 75/76 and appoint a statutory auditor for FY 76/77. The AGM will also endorse the bank's decision to distribute 10% bonus shares worth Rs.88.87 Crore and 15.26% cash dividend worth Rs.1.35 Arba (including tax) out of the profits of FY 75/76 for the shareholders.

Other agendas include adjustment of paid-up capital in the books of the company and authorize the board to make decisions regarding merger and acquisitions.

For this purpose, the book closure of the bank was on Ashwin 29, 2076. Investors holding shares of the bank till Ashwin 28, 2076 will be eligible to participate in the AGM of the company.

Unilever Nepal Limited (UNL) is also convening 26th Annual General Meeting (AGM) on Kartik 7,2076 (Today). The AGM is going to be held at Silver Oak Banquet, Gairidhara, Kathmandu, from 4:30 PM onwards.

The main agendas of the AGM are:

• Discussion and approval of 075/076 (July 17, 2018, to July 16, 2019) P/L, balance sheet, cash flow and other financial highlights and discussion on reports of BOD along with the Auditor reports up to 31st Asar 2076.
• As per the decision of BOD the approval of dividend. The company has proposed 770% cash dividend.
• Appointment of auditor for 2076/2067 and approval of their remuneration.
• Re-appointment of Shree Subhas Bajracharya as an independent director as per the decision on 26th yearly AGM for a maximum 4 years.

The book closure date had been set on Ashwin 22, 2076. Thus shareholders owning share on Ashwin 17, 2076 are eligible to participate in the AGM.