Suryodaya Laghubitta to convene its AGM on Poush 7; Shareholders to receive 42.75% bonus shares

Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) will be convening its 6^th AGM on Poush 7, 2075. The meeting will be convened in the premises of ‘Jilla Samanwya Samiti’, Syangja at 8 PM.

The main agendas of the meeting include:

1. To endorse 42.75% bonus shares worth Rs 3.26 crore
2. To increase the company’s capital to Rs 25 crore
3. To issue 50% right shares worth Rs 5.39 crore for its shareholders
4. To change the shareholding ratio of promoters and ordinary shareholders to 51:49 and
5. To provide authority to the BOD to make any changes in the MoA and regulations of the company

Other agendas of the meeting include endorsement of financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76, appointment of 2 directors from ordinary shareholders and distribution of Rs 17.01 lakh cash dividend for tax purpose.

Presently, the paid up capital of the company stands Rs 7.56 crore. After the adjustment of 42.75% bonus share and 50% right share it will be Rs 16.18 crore.