Swadeshi Laghubitta & Nepal Seva Laghubitta 3rd AGM today; Swadeshi to endorse 15% bonus & 100% right shares

Fri, Nov 10, 2017 6:32 AM on Latest, Featured, AGM/Special AGM, Stock Market,
Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) is convening its 3rd Annual General Meeting (AGM) today (Kartik 24, 2074). The AGM is being held at Hotel Pathivara, Itahari – 3, Sunsari. at11:00AM. The main agendas of the AGM are:
  • To endorse 15% bonus shares and 0.79% cash dividends from the net profit of FY 2073/74.
  • To endorse 1:1 (100%) right shares.
  • To amend the Memorandum of Association (MOA) and Articles of Association (AOA).
  • To give power of attorney to Board of Directors for merger and acquisition.
  • To conduct election for 1 Board of Director.
Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75. It has earned net profit of Rs 26.20 lakh in the first quarter of the FY 2074/75 as per unaudited report. Nepal Seva Laghubitta Bittiya Sanstha Limited will be conducting its 3rd Annual General Meeting (AGM) on Kartik 24, 2074. The AGM is going to be held at Shree Indrawati Samudayik Seva Kendra, Sindhupalchowk at 11:00 AM. The main agendas of the AGM are extension of working areas, amendment of Memorandum of Association (MOA) and Articles of Association (AOA), major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date for the AGM was set on Kartik 22, 2074.