Sabaiko Laghubitta convenes 3rd AGM; endorses decision to provide 13% bonus shares and 100% right shares to shareholders as per board’s decision

Sabaiko Laghubitta has convened its 3^rd AGM on Mangsir 21, 2076 under the leadership of company’s chair. The AGM has endorsed the decision to provide dividend worth Rs 2.14 crore that includes 13% bonus shares. The AGM also endorsed to issue 100% right shares to its shareholders after the capitalization of bonus shares.

Similarly, the AGM also elected Mr. Shyam Prasad Shrestha and Mr. Gopal Joshi as new board members from the general public group, as per the media statement.

The AGM has also decided to authorize the board to carry out the merger / acquisition process with other suitable organizations, as per the statement.

The microfinance has its 51 branches in 29 districts and serves more than 35K rural households in Nepal, as per the media statement.