Kisan Microfinance to convene AGM on Poush 26; 100% rights to be issued after 23.95% bonus
Thu, Dec 19, 2019 12:52 PM on AGM/Special AGM, Bonds & Debentures, Dividend, Bonus & Rights, Latest, Stock Market,
Kisan Microfinance Bittiya Sanstha (KMFL) will be convening its seventh AGM on Poush 26, 2076 at Hotel Shanti, Lamkichuha-01, Kailali from 11 AM onwards.
The 123rd Board Meeting held on Poush 01, 2076 has decided on the following agendas to be discussed in the meeting:
- Approval of the annual report for 2075/76.
- Approval of the audited financial statements for 2075/76.
- Appointment of the auditor for 2076/77 and determination of the remuneration.
- Approval of 23.95% bonus shares worth Rs 2.05 crore.
- Issuing 100% right shares from the adjusted capital after bonus (Rs 10.66 crore).
The book closure date is on Poush 15, 2076. Therefore shareholders maintained on Poush 14, 2076 will be eligible to participate in the AGM and claim dividend. Since 13th May, 2019, the company is in merger process with Mirmire Laghubitta and Nagbeli Laghubitta Bittiya Sansthan Limited.
