Infinity Laghubitta convenes 3rd AGM; endorses decision to provide 10% bonus shares and 25% right shares to shareholders as per board’s decision

Sun, Jan 5, 2020 9:53 AM on AGM/Special AGM, Latest,

Infinity Laghubitta has convened its 3rd AGM on Poush 18, 2076 under the leadership of company’s chair Mr. Khem Raj Nepal. The AGM has endorsed the decision to provide dividend worth Rs 1.03 crore that includes 10% bonus shares. The AGM also endorsed to issue 25% right shares to its shareholders after the capitalization of bonus shares.

Similarly, the AGM also elected Mr. Balram Bista and Ms. Prabha Khanal as new board members from the general public group, as per the media statement.

 

The AGM has also decided to authorize the board to carry out the merger / acquisition process with other suitable organizations, as per the statement.