Lumbini Finance 19th & 20th AGM on Chaitra 12; to approve 21.618% stock dividend

Lumbini Finance & Leasing Company Limited (LFLC) will be holding its 19^th and 20^th Annual General Meeting (AGM) on Chaitra 12, 2072. The AGM will be held at Star Venue, Narayanchowk, Naxal at 11:00 AM. The main agendas of the AGM are to endorse 21.618 percent bonus share & 1.14 percent cash dividend for tax purpose and to amend article of association and memorandum of association, if any, as per directed by Office of Company Registrar or Nepal Rastra Bank. The other agenda of the AGM include financial highlights of 2070/71 and 2071/72, appointment of auditor and to elect 4 BOD members from promoter shareholders group. Only those shareholders owning shares till Falgun 30 will be entitled to the bonus share of the company. The register of their shareholders will remain close from Chaitra 1, 2072 till Chaitra 12, 2072 for the purpose of its upcoming (AGM). Lumbini Finance has earned net profit of Rs. 40.45 lakh in its first quarter of the current fiscal year 2072/73.   .