Mirmire Laghubitta and Sweda Laghubitta to convene SGM and AGM on Chaitra 17; Major agendas surrounding acquisition

Tue, Mar 10, 2020 11:04 AM on AGM/Special AGM, Book Closure, Latest, Stock Market,
Mirmire La...

Mirmire Laghubitta Bittiya Sanstha (MMFDB) will be convening its Special General Meeting on Chaitra 17, 2076 Monday at it central office located in Banepa-08, Kavrepalanchowk from 1:30 PM onwards.

The 170th Board Meeting held on Falgun 25, 2076 has decided of following agendas for the meeting:

  • Regarding the acquisition of Sweda Laghubitta Bittiya Sanstha.
  • Determining the share swap ratio based on Due Diligence Audit (DDA).
  • Appointment of M. Khanal & Co for DDA and determination of the remuneration.

The book closure for the same is on Chaitra 07, 2076. Therefore shareholders maintained on Chaitra 06, 2076 will be eligible to participate in the SGM.

Notice

Sweda Laghubitta Bittiya Sanstha will be convening its second AGM on Chaitra 17, 2076 at its central office located in Dharke, Dhading from 1:30 PM onwards.

The 36th Board Meeting held on Falgun 25, 2076 has decided on following agendas for the meeting:

  • Approval of the annual report to be presented by Chairman on behalf of Board.
  • Approval of the audited financial reports of FY 2075/76.
  • Regarding acquisition of the company by Mirmire Laghubitta.
  • Determining the share swap ratio based on Due Diligence Audit (DDA).
  • Appointment of M. Khanal & Co for DDA and determination of the remuneration.

Notice

Mirmire Microfinance Development Bank (MMFDB) has also signed an MoU with Nagbeli Laghubitta Bittiya Sanstha. The agreement to acquire Nagbeli by Mirmire been signed on Falgun 13, 2076.