Gurkhas Finance Limited (GUFL) will be convening 23rd Annual General Meeting (AGM) on Poush 25, 2074. The AGM is going to be held at Anupam Foodland, Battisputali, Kathmandu at 11:00 AM.
The main agendas of the AGM are:
- To amend the Memorandum of Association (MOA) and Articles of Association (AOA).
- To contribute 1% of net profit as Corporate Social Responsibility (CSR).
Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75.
The book closure date for the AGM has been set from Poush 14 to Poush 25, 2074. Thus only those shareholders holding their shares till Poush 13, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM.
Former Gurkha Development Bank and Kathmandu Finance Limited had started joint operation after merger from Chaitra 28, 2072 as “Gurkhas Finance Limited”, a class “C” national level finance company. It has an authorized capital of Rs 1 arba. Its paid up capital currently stands at Rs 57.86 crore. After the capitalization of the right shares, its paid up capital will reach Rs 86.79 crore.
It had posted net loss of Rs 3.62 crore in the first quarter of the FY 2074/75.
Announcement of GUFL:
Arun Finance Limited (ARUN) will be convening 21st Annual General Meeting (AGM) on Poush 27, 2074. The AGM is going to be held at Hotel The Ratna Inn, Dharan, Sunsari at 11:00 AM.
The main agendas of the AGM are:
- To conduct election of Board of Directors (BOD).
- To issue 180% right shares and increase the issued and paid up capital.
- To change the promoter public ration to 51:49.
- To change the name and logo of the company.
- To merge or acquire with other Bank and Financial Institutions.
- To amend the Memorandum of Association (MOA) and Articles of Association (AOA).
Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75.
The book closure date for the AGM has been set from Poush 11 to Poush 27, 2074. Thus only those shareholders holding their shares till Poush 10, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM.
Arun Finance’s current paid up capital remains at Rs 30 crore. After adjustment 180% right share, its paid up capital will reach Rs 84 crore from existing Rs 30 crore. It has authorized capital of Rs 1 arba.
It had posted net profit of Rs 50.91 lakh in the first quarter of the FY 2074/75.
Announcement of ARUN:
