Janautthan Samudayik Laghubitta 7th AGM on Poush 30 to endorse 20% bonus & 100% right shares; Support Microfinance conducting SGM on Poush 28

Janautthan Samudayik Laghubitta Bikas Bank Limited (JSLBB) will be conducting its 7^th Annual General Meeting (AGM) on Poush 30, 2074. The AGM is being held at Rose Party Palace, Butwal – 12, Rupandehi at 11:00 AM. The main agendas of the AGM are:

• To endorse 20% bonus shares and 1.05% cash dividend (for tax) from the net profit of FY 2073/74.
• To endorse 100% right shares.
• To extend the working areas.
• To work as insurance agent and other service related act.
• To amend the Board of Directors (BOD) number.
• To increase authorized capital and paid up capital.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of FY 2073/74, appointment of auditor and directors for the FY 2074/75. The book closure date for the AGM has been set from Poush 18,2074 to Poush 30, 2074. Thus, only those shareholders owning shares till Poush 19, 2074, i.e. ahead of the book closure date are eligible to participate in the AGM and proposed bonus shares. Separate book closure will be announced for right shares. Its paid up capital will reach to Rs 5.76 crore after bonus and right shares. It had posted net profit of Rs 37.01 lakh in the first quarter of the FY 2074/75. Announcement: Support Microfinance Bittiya Sanstha Limited will be conducting Special General Meeting (SGM) on Poush 28, 2074. The SGM is being held at Head Office at 11:00 AM. The main agendas of the SGM are:

• To reduce the number of shares required to be Board of Directors (BOD).
• To amend the number of BOD.

• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Support Microfinance had issued IPO shares of Rs 1.80 crore to the general public which has not been listed in NEPSE for trading yet. It had posted net loss of Rs 21.36 lakh in the first quarter of the FY 2074/75. Announcement: