Ganpati Microfiance to conduct 2nd AGM on  30 Kartik. Company to increase issue and paid-up capital

Mon, Oct 22, 2018 4:35 PM on AGM/Special AGM, Latest, Stock Market,

Ganapati Microfinance Bittiya Sansth limited (LBBL) has announced 2th Annual General Meeting (AGM) to be convened on  30 Kartik, 2075. The meeting will be convened at the Bittiya Sanstha Kendriya Karyalay , Suklagandaki , Tanahu at 11:00 AM.

The main agendas of the meeting are

  1. To increase the issue and paid-up capital.
  2. To amend its Article of Association and Memorandum of Association.
  3. To purpose for the merger and Acquisition of the company.

Other agendas of the AGM include endorsement of financial highlights of the FY 2074/75 and appointment of the auditor for the FY 2075/76.

Ganapati Microfinance Bittiya Sanstha proposed to issue IPO and NIBL Ace Capital Limited is appointed as its issue and sales manager for the IPO issuance. It will be issuing 3,00,000 ordinary shares at Rs. 100 per share as its Initial Public Offering for the General Public. The issue is yet to be approved by SEBON.