Global IME Laghubitta to convene AGM on Mangsir 09, 2076; Major agendas to pass 35% bonus shares

Global IME Laghubitta Bittiya Sanstha (GILB) will be convening its seventh Annual General Meeting (AGM) on Mangsir 09, 2076 (November 25, 2019) at Gateway Himalaya Resort, Besisahar-09, Lamjung from 11 AM onwards.

The 103rd Board Meeting held on Kartik 17, 2076 has decided on following agendas to be discussed in the AGM:

  • Approval of the Annual Report to be presented by the Board along with audited financial statements for the year 2075/76.
  • Approval of 35% bonus shares and cash dividend worth Rs 20.34 lakh for tax purposes. The 35% bonus had been proposed before 1:1 right issuance. Therefore after right the proposed dividend will be 17.5%.
  • Issuing 1:1 right share again on the new capital.
  • Appointment of the auditor and determination of remuneration for the same.
  • Increasing the authorized capital of the company.

The book closure for the purpose of AGM and dividend has been declared on Kartik 25, 2076. Shareholders maintained on Kartik 24, 2076 will be eligible for dividend and AGM.

Announcement