Nirdhan Utthan Laghubitta to convene its 20th AGM on Mangsir 25; To distribute 42% dividend

Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) will be convening its 20^th AGM on Mangsir 25, 2075. The meeting will be convened in the premises of the company’s corporate office at 10:30 AM.

The main agendas of the meeting include:

1. To distribute 20% bonus shares worth Rs 20 crore to its shareholders.
2. To increase its issued and paid up capital
3. Amendments in the MoA and to provide authority to the BoD to make further changes

Other agendas of the meeting include endorsement of audited financial statement for the FY 2074/75, distribution of 22.11% cash dividend worth Rs 22.10 crore and appointment of statutory auditor for the FY 2075/76.

The AGM will also be appointing 1 director from promoters and 2 directors from ordinary shareholders.

For the purpose of the meeting the shareholders register will remain closed from Mangsir 11 till Mangsir 25, 2075 i.e. shareholders holding till Mangsir 10 will be eligible to participate in the AGM.