Last day to grab shares of Summit Microfinance, Jyoti Bikas Bank, Sindhu Bikas Bank, Goodwill finance and Nepal Seva laghubitta to claim dividend

Summit Laghubitta Bittiya Sanstha (SMFDB) will be convening its eleventh AGM on Poush 29, 2076 at Agrasen Bhawan, Birtamod, Jhapa from 10 AM onwards.

The 185th Board Meeting held on Poush 06, 2076 has decided on the following agendas to be discussed in the meeting:

• Approval of the annual report to be presented by the Chairman.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of auditor for 2076/77 and determination of the remuneration.
• Approval of 21.0952% bonus shares worth Rs.4.43 Crore and 1.1103% cash dividend worth Rs.23.31 Lakhs (for tax purpose) for the shareholders out of the profits of FY 75/76.
• Enforcing the decisions of SGM:
  • Appointment of auditor, valuator, etc. for Due Diligence Audit Report for the purpose of merger and acquisition with another appropriate microfinance institutions.
  • The SGM will also endorse the decision to distribute 100% right shares after the completion of the merger and acquisition process.
  • The SGM is also endorsing the agendas to change the capital structure from the existing promoter(70%) and public(30%) to promoter(51%) and public(49%).

The book closure is on Poush 16, 2076. Therefore shareholders maintained till Poush 15, 2076 will be eligible to participate in AGM and claim the dividend.

Jyoti Bikash Bank Limited (JBBL) will be convening its 12th AGM on Poush 29, 2076 at Rastriya Sabhagriha, Pradarshani Marga, Kathmandu from 11 AM onwards.

The 347th Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:

• Approval of the annual report for 2075/76 of the BOD.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of the auditor for 2076/77 and determination of the remuneration.
• Approval of 12.75% bonus shares for its shareholders from the profit of FY 2075/76.
• Election of one female director from the ordinary shareholders' group.

The book closure is on Poush 16, 2076. Therefore, shareholders maintained on Poush 15, 2076 will be eligible to participate in AGM and claim dividend.

Sindhu Bikas Bank Limited (SINDU) will be convening its 10th AGM on Poush 29, 2076 at Sindhupalchowk Udhyog Banijya Sangh, Barabishey, Sindhupalchowk from 11:30 AM.

The 269th Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:

• Approval of the annual report for 2075/76 of the BOD.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of the auditor for 2076/77 and determination of the remuneration.
• Approval of 11.513% bonus shares worth Rs 5.75 crore and 0.575% cash dividend worth Rs 28.78 lakh for tax purpose.
• Election of 2 Directors from the ordinary shareholders' group.

The book closure is on Poush 16, 2076. Therefore, shareholders maintained on Poush 15, 2076 will be eligible to participate in AGM and claim dividend.

Goodwill Finance Company Limited (GFCL) will be convening its 25th AGM on Poush 29, 2076 at Goodwill Finance, Goodwill Complex, Hattisar, Kathmandu from 11 AM onwards.

The 346th Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:

• Approval of the annual report for 2075/76 of the BOD.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of the auditor for 2076/77 and determination of the remuneration.
• Approval of 10% cash dividend worth Rs 8 crore.
• Election of 3 directors from promoter shareholders' group with at least one woman and 3 directors from ordinary shareholders' group.

The book closure is on Poush 16 2076. Therefore, shareholders maintained on Poush 15, 2076 will be eligible to participate in AGM and claim dividend.

Nepal Seva Laghubitta Bittiya Sanstha Limited (NSEWA) will be convening its fifth AGM on Poush 29, 2076 at Shree Indrawati Samudayik Sewa Kendra, Fakatshila-08, Sindhupalchowk from 11 AM onwards.

The 100th Board Meeting held on Poush 08, 2076 has decided on the following agendas for the meeting:

• Approval of the annual report for 2075/76 of the BOD.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of the auditor for 2076/77 and determination of the remuneration.
• Approval of 2.625% dividend out of the profits of FY 75/76 for the shareholders. The company proposed 2.5% bonus shares and 0.125% cash dividend (for tax purpose).
• Issuing 100% right shares worth Rs 6.15 crore from the capital after adjustment of bonus.
• Election of 3 directors from promoter shareholders' group.

The book closure is on Poush 16 2076. Therefore, shareholders maintained on Poush 15, 2076 will be eligible to participate in AGM and claim dividend.