Manakamana Laghubitta conducts 1st AGM; endorses 120% shares to existing shareholders

Manakamana Laghubitta with its head office at Siddharthanagar of Rupandehi has conducted its first AGM. The AGM has elected 4 members into the company’s board unanimously who are Mr. Ajay Goinka, Mr. Abhisek Birewal, Mr. Manish Garg and Mr. Pradipkumar Sudarmiya.

The AGM also endorsed the decision to issue 120% right shares to its existing shareholders.

The newly opened microfinance institution currently provides microcredit facilities to around 6 thousand individuals through its 16 branches located at 6 districts and is mulling to expand as a national level microfinance in a near future, as mentioned in the media statement.