Kisan Microfinance 5th & Kriti Capital 6th AGM today; Kisan endorsing 24.22% bonus & 50% right shares

Kisan Microfinance Bittiya Sanstha Limited (KMFL) is convening 5^th Annual General Meeting (AGM) today (Poush 24, 2074). The AGM is being held at Hotel Moonboon Villa, Kailali at 11:00 AM. The main agendas of the AGM are:

• To endorse 25% bonus shares and 1.32% cash dividend from the net profit of FY 2073/74.
• To conduct election of Board of Directors (BOD).
• To increase authorized capital, issued capital and paid up capital.
• To issue 50% right shares.
• To increase the working areas.
• To endorse the decision for transfer of authority of share purchase.
• 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. Its paid up capital will reach to Rs 7.27 crore after adjustment of bonus shares and 50% right shares. It had earned Rs 12.11 lakh in the first quarter of the FY 2074/75. Kriti Capital & Investment Limited is also convening 6^th Annual General Meeting (AGM) today (Poush 24, 2074). The AGM is being held at JDA Building, Sundhara, Kathmandu at 4:00 PM. The main agendas of the AGM are:

• To endorse 5% bonus shares and 0.26357% cash dividend (for tax purpose) from the net profit of FY 2073/74.
• 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.