Sadhana Laghubitta Calls AGM On 19th Falgun: What Are The Agendas?

Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) has called its 7th AGM on 19th Falgun, 2080. The meeting will be held in Trishuli Beach Resort, Galchi-6, Baireni, Dhading, starting at 11:00 am that day.

These are the agendas of the AGM:

1) Endorsement of the annual report of the company
2) Endorse the auditor's report for 2079/80 with PNL statements, financial reports, and cash flow reports.
3) Appointment of the auditor and determination of their remuneration for the fiscal year 2080/81.

Among the other agendas, the SGM will pass a resolution regarding evaluating and endorsing the Due Diligence Audit, Due Diligence Report, Business Plan and Projection, and Final Agreement Paper for a merger between Sadhana Laghubitta (SDLBSL) and Sabaiko Laghubitta (SABSL). The meeting will also pass an agenda to make necessary amendments to the Articles of Association as the company's authorized, issued, and paid-up capital will increase after the merger. After the completion of the merger between Sadhana Laghubitta and Sabaiko Laghubitta, the company will start financial transactions under the name of "Sabaiko Sadhana Laghubitta Bittiya Sanstha Limited".

The company has not proposed any dividend for the fiscal year 2079/80. The current paid-up capital of the bank is Rs. 38.22 Crore.

Falgun 4 is the book closure date. Thus, shareholders maintained before that day are entitled to attend this AGM.

AGM notice: