Asha laghubitta to convene 3rd AGM on Kartik 07, 2076; Approval of 12% bonus for shareholders

Asha Laghubitta Bittiya Sanstha (ALBSL) has published a notice today calling for its 3rd Annual General Meeting (AGM) to be held on Kartik 07, 2076 at Fall and Trout Village Hotel and Restaurant, Kakani, Nuwakot from 10 AM onwards.

The major agendas of the AGM are:

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

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

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

Announcement