Laxmi Laghubitta 6th AGM on Mangsir 3; to endorse 10% bonus shares & 16.32% cash dividends

Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) will be conducting its 6^th Annual General Meeting (AGM) on Mangsir 3, 2074. The AGM is going to be held at Agrawal Bhawan, Kamalpokhari, Kathmandu at 11:00 AM. The main agendas of the AGM are:

• To endorse 10% bonus shares and 16.32% cash dividends from the net profit of the FY 2073/74.
• To amend 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 Kartik 23 to Mangsir 3, 2074. Only those shareholders holding their shares till Kartik 22, 2074, i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividend. Laxmi Laghubitta has earned net profit of Rs 10.71 crore in the fourth quarter of the fiscal year 2073/74 as per unaudited report. It’s paid up capital stands at Rs 22 crore. After distribution of 10% bonus share, the paid up capital will reach to Rs 24.2 crore