Asha Laghubitta announces Special General Meeting to be held on Chaitra 17

Asha Laghubitta Bittiya Sanstha Limited has published a notice regarding their special general meeting to be held on Chaitra 17, 2074 at its central office, Kakani-6, Nuwakot. The 45^th meeting of the board of directors have decided on the SGM to be held for the discussion of the following agendas. The main agendas for the special general meeting are:

• Proposal for the increment of authorized capital from Rs 10 crore to Rs 20 crore by issuing 100% right shares.
• Amendment of the memorandum of association.
• For providing authority to the board members for the amendment of the provisions in memorandum of association.

The paid up capital of the microfinance stands at Rs 7 crore with Rs 1.36 crore in the reserve. The company had reported a net profit of Rs 26.77 lakh in the second quarter of the current fiscal year. Notice