First Microfinance Laghubitta Calls AGM on 11th Poush; Company to Endorse 9.47% Dividend for FY 2080/81
Wed, Nov 27, 2024 10:52 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has called its 15th AGM on 11th Poush, 2081. The meeting will be held in the Amrapali Banquet, Bhatbhateni, Kathmandu, starting at 10 AM that day.
Among the other agendas, the AGM will endorse a 9.47% dividend Crores for the fiscal year 2080/81. The 227th meeting of the board of directors held on Kartik 14 decided to distribute the 9.47% dividends on the paid-up capital of Rs. 1.23 Arba. 9% bonus shares worth Rs. 11.10 crore and 0.47% cash dividend (tax purposes) worth Rs. 58.44 lakhs each have been proposed.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2080/81 and appoint an auditor for the fiscal year 2081/82. There is also an agenda to elect 3 directors representing the board of directors on behalf of the public shareholding group, and to approve the appointment of the board of directors. The proposal to provide the BoDs authority to oversee any company-related merger or acquisition procedures will be approved during the meeting.
The book closure date is on Mangsir 23. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
