CYC Nepal Laghubitta Calls 7th AGM With These Agendas? When's the Book Closure?

CYC Nepal Laghubitta Bittiya Sanstha Limited (USLB) has called its 7th AGM on 30th Shrawan, 2083. The meeting will be held in the Pokhara Dipsagar Hotel and Restaurant and bar, Pokhara, starting at 11 am that day.

These are the agendas of the AGM:

1. To discuss and approve the Annual Report for the fiscal year 2081/82 presented by the Chairman on behalf of the Board of Directors.
2. To discuss and approve the balance sheet up to Ashad end 2082, profit and loss account, cash flow statement, and other financial statements, along with the auditor’s report for FY 2081/82.
3. To appoint an auditor for FY 2082/83 and to determine their remuneration.
4. To approve the appointment of one director from the promoter shareholding group.
5. To approve the proposal to amend the Memorandum of Association and Articles of Association of the financial institution to restructure the shareholding pattern.
6. To authorize the Board of Directors to carry out all necessary procedures related to merger or acquisition with other microfinance financial institutions.
7. Misc.

Shrawan 19 is the book closure date. Thus, the shareholders maintained before that day are entitled to attend the AGM.

AGM Notice