Asha Laghubitta Calls 8th AGM on Mangsir 7 to Endorse 15% Dividend; When's the Book Closure?

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has also called its 8th AGM on 7th Mangsir, 2081. The meeting will be held in Hotel Ugrachandi, Banepa, Kavrepalanchowk, starting at 3:00 pm that day.

Among the other agendas, the AGM will endorse a 15% dividend for FY 2080/81 for shareholders. The 157th meeting of the board of directors held on Ashwin 6 decided to distribute the dividend from the paid-up capital of Rs. 64.16 crores. 14.25% bonus shares worth Rs. 9.14 Crores and 0.75% cash dividend (including tax) worth Rs. 42,12,120 have been proposed.

Furthermore, there is an agenda to endorse the auditor's report along with the profit and loss statements, financial reports, and cash flow reports, and to appoint an auditor for the fiscal year 2081/82. There is also an agenda to identify a suitable microfinance company for merger or acquisition with Asha Laghubitta Bittiya Sanstha Limited.

The book closure date is on Kartik 25. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.