Shree Investment & Finance to endorse right shares & merger/acquisition with other BFIs; SGM on Ashad 25

Shree Investment and Finance Company Limited (SIFC) will be convening its Special General Meeting (SGM) on Ashad 25, 2074. The SGM will be held at Amritbhog, Kalikasthan, Kathmandu at 10 AM. The main agendas of the SGM are:

1. To provide authority to BOD for merger/acquisition with suitable banks and financial institutions (BFIs) and endorse Due Diligence Audit (DDA).
2. To endorse right share for the increment of capital as directed by Nepal Rastra Bank (NRB).
3. To change the structure of BOD members.
4. To add a clause in its Memorandum of Association (MOA) regarding transfer of right for right shares.
5. To amend Article of Association and Memorandum of Association as per directed by registrar office or Nepal Rastra Bank.

The register of their shareholders will close on Ashad 14, 2074 for the purpose of this SGM. Only those shareholders holding shares traded one trading day ahead of the book closure date i.e. until Ashad 13, 2074 are eligible for participation in the SGM. Shree Investment and Finance Company Limited has earned net profit of Rs 5.92 crore till the end of third quarter of the fiscal year 2073/74.