First Microfinance to convene 9th AGM on Ashoj 27; Company to provide 12.63% cash dividend

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) will be convening its 9th AGM on Ashoj 27, 2075. The AGM will be convened in Anupam Foodland and Banquet, Kathmandu at 9:00 AM.

The main agendas for the meeting are:

  1. To change the address of the company’s registered office and to provide authority to the BOD to make further changes in the MoA.
  2. To provide approval to the financial assistance made as Corporate Social Responsibility (CSR) and to the Prime Minister Relief Fund.

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, approval of 12.6316% cash dividend, appointment of statutory auditor for the FY 2075/76 and appointment of 3 directors from the promoters group.

For the purpose of the meeting, the shareholders register book will remain closed from Ashoj 17 till Ashoj 26, 2075 i.e. the shareholders holding the shares of the microfinance company till Ashoj 16 will be eligible to participate in the meeting.